9:00 AM - 5:00 PM

Our Hours Mon. - Fri.

310.774.1437

Call Us For Free Consultation

Facebook

Twitter

9th Circ. Questions Future Of FERC Power Deal Orders

Tiomkin Law Offices of Elliott Tiomkin > Legal News  > 9th Circ. Questions Future Of FERC Power Deal Orders

9th Circ. Questions Future Of FERC Power Deal Orders

Law360 (August 14, 2020, 7:18 PM EDT) — Ninth Circuit judges asked the Federal Energy Regulatory Commission on Friday why the agency’s orders asserting it has a say over power contract rejections in bankruptcy shouldn’t be vacated, in light of Pacific Gas & Electric Co.’s recent emergence from Chapter 11.

An appeals court panel heard oral arguments in the closely watched turf war between FERC and federal bankruptcy courts over which gets to determine the fate of utility power purchase agreements in bankruptcy, stemming from FERC’s declaration of concurrent jurisdiction over PG&E’s more than $42 billion worth of wholesale PPAs just days before the utility filed for bankruptcy….

Call Now ButtonCall For Free Consultation