IN RE PACIFIC GAS AND ELEC. CO.

No. 01-30923DM.

304 B.R. 395 (2004)

In re PACIFIC GAS AND ELECTRIC COMPANY, a California corporation, Debtor.

United States District Court, N.D. California.

January 5, 2004.


Attorney(s) appearing for the Case

Stephen C. Neal, Martin S. Schenker, Cooley, Godward, LLP, Palo Alto, CA, James L. Lopes, Howard, Rice, Nemerovski, Canady, Falk & Rabkin, San Francisco, CA, Michael Kessler, Weil, Gotshal & Manges, Miami, FL, for Pacific Gas and Electric Corporation.

D. Dale Ginter, Dan L. Carroll, Downey, Brand, Seymour & Rohwer, LLP, Sacramento, CA, for Merced Irrigation District.

G. Larry Engel, Morgan, Lewis & Bockius, LLP, San Francisco, CA, for City of Palo Alto.

Paul S. Aronzon, Michael Diamond, Milbank, Tweed, Hadley & McCloy, LLP, Los Angeles, CA, for Official Committee of Unsecured Creditors.

D. Cameron Baker, David Campos, Deputy City Attorney, Office of the City Attorney, San Francisco, CA, for City and County of San Francisco.

Paul J. Pascuzzi, Felderstein, Fitzgerald, Willoughy & Pascuzzi, LLP, Sacramento, CA, for The People of the State of California Ex Rel. various agencies.

Elaine M. Seid, McPharlin, Sprinkles & Thomas, LLP, San Jose, CA, for City of Santa Clara.

Mark Gorton, McDonough, Holland & Allen, Sacramento, CA, for Northern California Power Agency.

Patricia A. Cutler, Attorney Advisor, San Francisco, CA, Office of the United States Trustee.


AMENDED MEMORANDUM DECISION APPROVING SETTLEMENT AGREEMENT AND OVERRULING OBJECTIONS TO CONFIRMATION OF REORGANIZATION PLAN

DENNIS MONTALI, United States Bankruptcy Judge.

On December 12, 2003, the court issued a memorandum decision approving a settlement agreement (the "PSA")among debtor Pacific Gas and Electric Company ("PG & E"), a solvent utility, its parent PG & E Corporation ("Parent"), and the California Public Utilities Commission...

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