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28 Weil, Gotshal & Manges LLP 767 Fifth Avenue New York, NY 10153-0119

WEIL, GOTSHAL & MANGES LLP

Stephen Karotkin (pro hac vice) 

(stephen.karotkin@weil.com) 

Ray C. Schrock, P.C. (pro hac vice) 

(ray.schrock@weil.com) 

Theodore Tsekerides (pro hac vice) 

(theodore.tsekerides@weil.com) 

767 Fifth Avenue 

New York, NY 10153-0119 

Tel: 212 310 8000 

Fax: 212 310 8007 

KELLER & BENVENUTTI LLP

Tobias S. Keller (#151445) 

(tkeller@kellerbenvenutti.com) 

Peter J. Benvenutti (#60566) 

(pbenvenutti@kellerbenvenutti.com) 

Jane Kim (#298192) 

(jkim@kellerbenvenutti.com) 

650 California Street, Suite 1900 

San Francisco, CA 94108 

Tel: (415) 496-6723 

Fax: (415) 636-9251 

Attorneys for Debtors 

and Debtors in Possession 

UNITED STATES BANKRUPTCY COURT 

NORTHERN DISTRICT OF CALIFORNIA 

SAN FRANCISCO DIVISION 

In re:

PG&E CORPORATION, 

 - and - 

Case No. 19-30088 (DM) 

Chapter 11 

(Lead Case) 

(Jointly Administered) 

STIPULATION BETWEEN DEBTORS 

AND CALIFORNIA PUBLIC UTILITIES 

COMMISSION IN RESPECT OF 

CERTAIN COMMISSION 

PROCEEDINGS 

[No Hearing Requested] 

PACIFIC GAS AND ELECTRIC 

COMPANY, 

 Debtors. 

 Affects PG&E Corporation 

 Affects Pacific Gas and Electric Company 

 Affects both Debtors 

* All papers shall be filed in the lead case, 

No. 19-30088 (DM) 

Case: 19-30088 Doc# 2859 Filed: 07/03/19 Entered: 07/03/19 14:20:13 Page 1 of

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 PG&E Corporation and Pacific Gas and Electric Company (the “Utility”), as debtors and 

debtors in possession (collectively, the “Debtors”), and party in interest the California Public 

Utilities Commission (the “Commission” and together with the Debtors, the “Parties”), by and 

through their undersigned counsel, hereby submit this stipulation (the “Stipulation”), for an 

order (the “Order”) modifying the automatic stay (the “Automatic Stay”) for certain limited 

purposes pursuant to section 362 of title 11 of the United States Code (the “Bankruptcy Code”), 

and represent and agree as follows: 

RECITALS

A. On January 29, 2019 (the “Petition Date”), the Debtors commenced the 

above-captioned chapter 11 cases (the “Chapter 11 Cases”) in the United States Bankruptcy 

Court for the Northern District of California (the “Court”) 

B. On February 12, 2019, the Acting United States Trustee for Region 3 (the 

“U.S. Trustee”) appointed an official committee of unsecured creditors (the “Creditors 

Committee”) pursuant to section 1102(a) of the Bankruptcy Code. 

C. On February 15, 2019, the U.S. Trustee appointed an official committee of 

tort claimants (the “Tort Claimants Committee”) pursuant to section 1102(a) of the Bankruptcy 

Code. 

D. California law empowers the Commission to do “all things . . . which are 

necessary and convenient” in the exercise of its regulatory power in respect of public utilities. 

Cal. Pub. Util. Code § 701. 

E. In carrying out its statutory duties, the Commission regularly oversees 

proceedings initiated by third parties (such parties, “Commission Complainants” and 

proceedings initiated by such parties, “Commission Proceedings”). From time to time, 

Commission Complainants lack the means to engage counsel to bring proceedings in these 

Chapter 11 Cases for relief from the Automatic Stay, including certain Commission 

Complainants that are low-income customers eligible for PG&E’s low-income rate or assistance 

programs. Commission Complainants sometimes initiate proceedings before the Commission to 

Case: 19-30088 Doc# 2859 Filed: 07/03/19 Entered: 07/03/19 14:20:13 Page 2 of

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enforce public policy and safety, utility tariffs, administrative orders and regulations, including 

proceedings concerning matters arising before the Petition Date to compel the Utility to relocate 

overhead power lines, to restore utility services, effectuate Commission rules and regulations and 

utility tariffs or to issue reimbursements for certain remedial actions taken by ratepayers. 

F. The Parties have determined that it is in their best interests if certain 

Commission Proceedings be allowed to continue before the Commission notwithstanding the 

Chapter 11 Cases. The Parties thus agree that, pursuant to section 362(d) of the Bankruptcy 

Code, the Court should modify the Automatic Stay for the limited purpose of allowing the 

commencement or continuation of certain Commission Proceedings, including the determination 

of, but not the collection of, any money judgments in such proceedings. 

G. The Parties further agree that the Automatic Stay shall continue to apply to 

the allowance of claims, and to the enforcement of any money judgments awarded in any 

Commission Proceedings that are or become the subject of the Stipulation. Nothing herein shall 

be deemed to modify or alter the requirements or obligations of any Commission Complainant to 

timely file a proof of claim in these Chapter 11 Cases in accordance with any order of the Court 

governing the filing of claims. 

NOW, THEREFORE, UPON THE FOREGOING RECITALS, IT IS 

HEREBY STIPULATED AND AGREED, BY AND BETWEEN THE PARTIES, 

THROUGH THE UNDERSIGNED, AND THE PARTIES JOINTLY REQUEST THE 

COURT TO ORDER, THAT:

1. This Stipulation shall be effective upon approval by the Court. 

2. With respect to Commission Proceedings filed prior to the entry date of an 

Order approving this Stipulation, the Automatic Stay shall be modified to allow the 

commencement or continuation of the relevant Commission Proceedings set forth on Exhibit A 

attached hereto, including the determination of, but not the collection of, any money judgments 

in such proceedings. 

Case: 19-30088 Doc# 2859 Filed: 07/03/19 Entered: 07/03/19 14:20:13 Page 3 of

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3. With respect to Commission Proceedings by Commission Complainants of 

the type identified in Recital E, above, that are accepted for filing by the Commission after the 

entry date of an Order approving this Stipulation, upon the expiration of the applicable Notice 

Period (as defined below) and without objection by the Debtors, the Creditors Committee, or the 

Tort Claimants Committee, the Automatic Stay shall be modified to allow the commencement or 

continuation of the relevant Commission Proceeding, including the determination of, but not the 

collection of, any money judgments in such proceedings. 

4. If the Debtors, the Creditors Committee, or the Tort Claimants Committee 

timely object to the commencement or continuation of a Commission Proceeding (by filing an 

objection in such Commission Proceeding within the applicable Notice Period), the Commission 

shall suspend such Commission Proceeding and (a) the Debtors, the Creditors Committee, and/or 

the Tort Claimants Committee, whomever objects, (b) the Commission, and (c) the Commission 

Complainant, if applicable, shall meet and confer in a good faith effort to resolve whether such 

Commission Proceeding may continue before the Commission. If the parties are unable to reach 

agreement, then the stipulated modification of the Automatic Stay shall be inapplicable to such 

Commission Proceeding, and the Automatic Stay shall remain in place as to such Commission 

Proceeding. 

5. Neither the inclusion in Exhibit A of any Commission Proceeding, nor the 

Debtors’ failure to exercise the objection rights set forth in paragraphs 3 and 4 hereof with 

respect to any Commission Proceeding, shall have any effect on, nor result in any prejudice to, 

the Debtors’ ability to object to the commencement or continuation of any other Commission 

Proceedings. 

Case: 19-30088 Doc# 2859 Filed: 07/03/19 Entered: 07/03/19 14:20:13 Page 4 of

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6. The Commission shall notify the Debtors and their counsel in these 

Chapter 11 Cases (attention: Steven Frank (swf5@pge.com), Molly Zimney (mez3@pge.com), 

Theodore Tsekerides (theodore.tsekerides@weil.com), and Matthew Goren 

(matthew.goren@weil.com)), counsel for the Creditors Committee in these Chapter 11 Cases 

(attention: Dennis Dunne (ddunne@milbank.com) and Thomas Kreller (tkreller@milbank.com)), 

and counsel for the Tort Claimants Committee (attention: Jerry Bloom (jbloom@bakerlaw.com) 

and Eric Goodman (egoodman@bakerlaw.com)), of any Commission Proceeding that the 

Commission believes is subject to this Stipulation promptly after such Commission Proceeding is 

accepted for filing by the Commission (the period that commences upon the Commission’s 

service of such notice on the Debtors and ends fourteen (14) days from the date thereof, a 

“Notice Period”). 

7. The Automatic Stay shall continue to apply to the allowance of claims, 

and to the enforcement of any money judgments awarded in any Commission Proceedings that 

are or become the subject of the Stipulation. Nothing herein shall be deemed to modify or alter 

the requirements or obligations of any Commission Complainant to timely file a proof of claim 

in these Chapter 11 Cases in accordance with any order of the Court governing the filing of 

claims. 

8. This Stipulation is without prejudice to the right of any party, including 

the Commission, to contend—and the right of the Debtors to oppose—that certain proceedings 

before the Commission are exempt from the Automatic Stay pursuant to section 362(b)(4) of the 

Bankruptcy Code or that the Court should modify the Automatic Stay as to such proceedings. 

9. This Stipulation shall have no effect on, and is without prejudice to, any 

proceedings involving the Debtors, whether before the Commission or any court, tribunal, or 

regulatory agency, other than Commission Proceedings for which the Automatic Stay will be 

modified in accordance with the provisions of this Stipulation. 

10. This Stipulation shall constitute the entire agreement and understanding of 

the Parties relating to the subject matter hereof. 

Case: 19-30088 Doc# 2859 Filed: 07/03/19 Entered: 07/03/19 14:20:13 Page 5 of

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11. This Stipulation is without prejudice to the Commission’s rights and 

immunities under the Eleventh Amendment to the United States Constitution and related 

principles of sovereign immunity. 

[Signatures on Next Page] 

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DATED: July 3, 2019 

WEIL, GOTSHAL & MANGES LLP 

Stephen Karotkin (pro hac vice) 

(stephen.karotkin@weil.com) 

Jessica Liou (pro hac vice) 

(jessica.liou@weil.com) 

Matthew Goren (pro hac vice) 

(matthew.goren@weil.com) 

767 Fifth Avenue 

New York, NY 10153-0119 

Tel: 212 310 8000 

Fax: 212 310 8007 

-andKELLER & BENVENUTTI LLP 

By: /s/ Peter J. Benvenutti 

Tobias S. Keller (#151445) 

(tkeller@kellerbenvenutti.com) 

Peter J. Benvenutti (#60566) 

(pbenvenutti@kellerbenvenutti.com) 

Jane Kim (#298192) 

(jkim@kellerbenvenutti.com) 

650 California Street, Suite 1900 

San Francisco, CA 94108 

Tel: 415 496 6723 

Fax: 650 636 9251 

Attorneys for Debtors 

and Debtors in Possession

CALIFORNIA PUBLIC 

UTILITIES COMMISSION 

Arocles Aguilar, SBN 94753 

505 Van Ness Avenue 

San Francisco, California 94102 

Telephone: (415) 703-2015 

Facsimile: (415) 703-2262 

Email: arocles.aguilar@cpuc.ca.gov 

-andPAUL, WEISS, RIFKIND, 

WHARTON & GARRISON LLP 

By: /s/ Alan W. Kornberg 

Alan W. Kornberg 

Brian S. Hermann (pro hac vice) 

Walter Rieman, SBN 139365 

Sean A. Mitchell (pro hac vice) 

1285 Avenue of the Americas 

New York, New York 10019-6064 

Telephone: (212) 373-3000 

Facsimile: (212) 757-3990 

Email: akornberg@paulweiss.com 

 bhermann@paulweiss.com 

 wrieman@paulweiss.com 

 smitchell@paulweiss.com 

Attorneys for the California Public 

Utilities Commission 

Case: 19-30088 Doc# 2859 Filed: 07/03/19 Entered: 07/03/19 14:20:13 Page 7 of

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