SAN FRANCISCO - The U.S.
Bankruptcy Court today established the following schedule in PG&E's
bankruptcy case:
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April 3 - Deadline for
PG&E to file amended disclosure statement and plan of reorganization,
incorporating today's decisions.
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April 11 - Next hearing
on PG&E's disclosure statement.
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April 15 - Deadline
for CPUC to file its plan and disclosure statement.
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April 24 - Next and
tentatively final hearing on PG&E's disclosure statement. Status
conference on CPUC's disclosure statement and plan of reorganization.
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May 3 - Deadline for
objections to CPUC's disclosure statement.
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May 9 - Hearing on objections
to CPUC's disclosure statement.
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June 17 - Target date
for the beginning of solicitation for PG&E's and CPUC's plans
of reorganization.
"Pacific Gas and Electric
Company is close to resolving the objections to its disclosure statement,
which would be a milestone in the case. The company remains confident
that it will continue to make progress as it works toward the confirmation
process."