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Pacific Gas & Electric Co.'s plan to emerge from Chapter 11 bankruptcy won a major victory Friday, when the bankruptcy court issued a decision tentatively approving the plan. Judge Dennis Montali's decision puts PG&E's fate in the hands of the California Public Utilities Commission, which must ratify a settlement agreement for the plan to be confirmable.
December 16, 2003 at 12:00 AM
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The original version of this story was published on Law.Com
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