Insights
Publications

PG&E Bankruptcy: Lessons Learned and a Path Forward

August 4, 2020 Webinar
Unplugged Renewable Energy Series

Farella's Unplugged Renewable Energy Series features Nick Moore (moderator) and Gary Kaplan (panelist) discussing "PG&E Bankruptcy: Lessons Learned and a Path Forward."

The California power giant, PG&E, has emerged from the country’s largest utility bankruptcy proceeding as a dramatically different company. Not only has PG&E exited Chapter 11, it has completed a restructuring that will have an enormous impact on California’s energy future. This roundtable panel will discuss PG&E’s reorganization with one of its primary architects and assess the implications for California’s clean energy sector, including:

  • How does the reorganization and CPUC approval decision ensure compliance with SB 901 and AB 1054 and reshape the regulatory environment?
  • How does the reorganization address wildfire liability risks going forward?
  • What is the reorganization’s impact on PG&E’s commitment to clean energy policies and power purchase agreements?
  • What were some of the biggest challenges in developing a reorganization plan?

Firm Highlights

Publication

Alternatives to Bankruptcy in the Cannabis Sector

Recreational or medicinal cannabis is now legal in 35 states and the District of Columbia. But cannabis is still a  Schedule I controlled substance  under the federal Controlled Substances Act, which presents a host...

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Top 10 Practical Business Implications Arising From the Passage of the CPRA

California’s Proposition 24 passed as expected, and the new California Privacy Rights Act will change the privacy landscape created by the California Consumer Protection Act (CCPA), which went into effect only months ago. While...

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Battery Energy Storage Systems Integrated in Solar Facilities To Receive Tax Incentives

Intermittency is one of the largest issues impeding increased reliance on energy from utility-scale renewable energy generation sources such as wind and solar. Battery energy storage systems (“BESSs”) can alleviate concerns related to intermittency...

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News

Plan for Off-Shore Turbines Likely To Generate Many Billable Hours

David Lazerwitz provided commentary in the Daily Journal article "Plan for Off-Shore Turbines Likely To Generate Many Billable Hours."  In the article, David noted that we are still a long way from actually developing...

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News

Farella Braun + Martel Attorneys Named to 2021 Northern California Super Lawyers and Rising Stars

Thirty-seven Farella Braun + Martel lawyers were named to the Super Lawyers and Rising Stars lists of top attorneys in Northern California for 2021. 2021 Farella Northern California Super Lawyers: George Argyris – Estate...

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News

Farella Represents Catalyze in Its Acquisition of PermaCity

Northern California legal powerhouse Farella Braun + Martel represented leading national independent power producer Catalyze  as due diligence counsel in its acquisition of solar developer and installer  PermaCity . Based in Boulder, Colorado, Catalyze...

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Battery Energy Storage Systems Series

The increasing mandates and incentives for the rapid deployment of energy storage are resulting in a boom in the deployment of utility-scale battery energy storage systems (BESS), presenting both challenges and opportunities for energy developers...

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Publication

Bankruptcy Provisions in COVID Relief Legislation Impacting PPP Loans, Commercial Leases and Preference Claims

With the COVID-19 pandemic stretching on into another year, businesses continue to experience adverse effects. Bankruptcy filings, especially among retailers, were higher than average in 2020, and it is likely that more companies large...

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