Abrams

PG&E Corporation v. Abrams

Good Law
United States District Court, Northern District of CaliforniaNovember 12, 20204:20-cv-01612California1,707 words

Opinion

Trial Court Opinion

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA 6 PG&E CORPORATION, Case No. 20-cv-01612-HSG

Plaintiff, ORDER DENYING LEAVE TO

APPEAL

v.

ABRAMS, Defendant.

12 Pending before the Court is the motion of William B. Abrams (“Abrams”) for leave to appeal (Dkt. No. 1, “Motion for Leave”) an order of the Bankruptcy Court denying reconsideration of the order authorizing the Debtors and the TCC to enter into a Restructuring Support Agreement. BR Dkt. No. 5948. Having carefully considered the briefs,2 the Court DENIES the Motion for Leave. I. BACKGROUND On December 6, 2019, PG&E Corporation and Pacific Gas and Electric Company (“Debtors”) entered into the Restructuring Support Agreement (“RSA”) with the Official Committee of Tort Claimants (“TCC”), and filed their motion for entry of an order authorizing the Debtors and TCC to enter into the RSA. BR Dkt. No. 5038, (“RSA Motion”). The RSA largely eliminated for both the Debtors and certain wildfire victims the risks, costs,…

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