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Supplies used by contractors to clear trees away from Pacific Gas & Electric Co. (PG&E) power lines stand on a job site in Nevada City, California, U.S., on Wednesday, June 12, 2019. (Photo: David Paul Morris/Bloomberg) Supplies used by contractors to clear trees away from Pacific Gas & Electric Co. (PG&E) power lines stand on a job site in Nevada City, California, U.S., on Wednesday, June 12, 2019. (Photo: David Paul Morris/Bloomberg)

Money talks, but the big question for PG&E Corp. is how closely the bankruptcy judge is listening.

The battle for the future of the wildfire-prone California utility intensified last week with a fusillade of court filings. To recap, PG&E has an exclusive period until late September to file a proposal to get out of chapter 11. Late last month, though, a group of unsecured bondholders led by Elliott Management Corp., Pacific Investment Management Co., and Davidson Kempner Capital Management called on Judge Dennis Montali to end PG&E’s exclusivity and let the committee begin open negotiations for a plan of its own. Consumer and labor groups, among others, also called for the judge to end exclusivity. Now PG&E has filed its rebuttal, asking the judge to deny the motion.

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