Use of Relocation Proceeds

Administrative: Public Utilities-Use of Relocation Proceeds-Denial of Expenses and Assets

Plaintiff appealed from defendant’s orders, which ordered relocation proceeds from the sale of one of plaintiff’s facilities be used to reduce rates after plaintiff moved to a more expensive facility, denied plaintiff half of its rate-case operating expenses, and eliminated $28.8 million of plaintiff’s pension asset after finding that it was a pension liability. Where […]