The CPUC unanimously approved PG&E’s reorganization plan but warned it will be able to end the utility’s monopoly should it fail to ensure public safety.

PG&E’s CFO took to the virtual stand in bankruptcy court to face questions about the “feasibility” and “fairness” of the utility’s reorganization plan.

A three-day trial that could conclude the bankruptcy of PG&E began via videoconference, with Judge Dennis Montali presiding from his home.

Proceedings to conclude PG&E Corp.’s Chapter 11 reorganization will likely happen via video later this month, Judge Dennis Montali said.

The CPUC postponed its planned vote on PG&E’s bankruptcy reorganization plan because a party to the proceedings improperly sent out a mass email.

The California PUC approved a settlement with PG&E that imposes penalties of more than $1.9 billion for safety and maintenance lapses that led to wildfires.

PG&E Corp. said as part of its first-quarter earnings report that 11 of its 14 directors would be leaving its board.

The judge in charge of PG&E’s criminal probation imposed new conditions requiring the utility to do better to avoid starting wildfires.

The judge overseeing PG&E’s bankruptcy rebuffed the utility’s request to quickly approve agreements signed between it, fire victims and government agencies.

PG&E Corp. CEO Bill Johnson announced he would retire at the end of June, by which time the utility is hoping to exit bankruptcy.