Valero Energy Corp. is asking a bankruptcy court to allow its lawsuit against PG&E Corp over an emergency shutdown to move forward, arguing the $75 million case will not interfere with the power producer’s Chapter 11 proceeding, Reuters reported.
In a filing on Tuesday, Valero urged U.S. Bankruptcy Court Judge Dennis Montali in San Francisco to lift the litigation stay on the grounds that the dispute will be more efficiently resolved outside of bankruptcy.
