EDITORS: Please do not use
"Pacific Gas and Electric" or "PG&E" when
referring to PG&E Corporation or its National Energy Group.
The PG&E National Energy Group is not the same company as Pacific
Gas and Electric Company, the utility, and is not regulated by the
California Public Utilities Commission. Customers of Pacific Gas
and Electric Company do not have to buy products or services from
the National Energy Group in order to continue to receive quality
regulated services from Pacific Gas and Electric Company.
UPDATE: U.S. BANKRUPTCY COURT SETS SCHEDULE FOR UPCOMING EVENTS
IN PG&E'S BANKRUPTCY CASE
SAN FRANCISCO - The U.S.
Bankruptcy Court today established the following schedule in PG&E's
April 3 - Deadline for
PG&E to file amended disclosure statement and plan of reorganization,
incorporating today's decisions.
April 11 - Next hearing
on PG&E's disclosure statement.
April 15 - Deadline
for CPUC to file its plan and disclosure statement.
April 24 - Next and
tentatively final hearing on PG&E's disclosure statement. Status
conference on CPUC's disclosure statement and plan of reorganization.
May 3 - Deadline for
objections to CPUC's disclosure statement.
May 9 - Hearing on objections
to CPUC's disclosure statement.
June 17 - Target date
for the beginning of solicitation for PG&E's and CPUC's plans
"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