Another $85 million on PacifiCorp’s liability tab

Wildfire Today (January, 24 2024)- PacifiCorp will pay another $85 million to nine more victims of the 2020 Labor Day fires, after a jury in Multnomah County on Tuesday recorded the latest verdict in a series of lawsuits that means billions of dollars in liability costs for the Portland-based utility company, according to an AP … Continued

Berkshire utility must pay $62M to Oregon homeowners for 2020 wildfires

Seeking Alpha (January 23, 2024) – PacifiCorp, an electric utility owned by Warren Buffett’s Berkshire Hathaway (NYSE:BRK.A) (NYSE:BRK.B), was ordered by an Oregon jury to pay at least $62M to nine survivors of the Labor Day 2020 wildfires that swept through the state. The jury in Portland, where PacifiCorp is based, awarded the homeowners nearly … Continued

PacifiCorp Owes At Least $62M To 9 Homeowners Hit By Fires

Law360 (January 23, 2024) – PacifiCorp must pay at least $62 million in compensatory damages to nine people who fled their homes in a Labor Day 2020 fire outbreak, a Portland, Oregon, jury found Tuesday, … Read More Here

Jury’s Verdict in Oregon Wildfire Class Trial Could Total $85M (January 23,2024) -An Oregon jury, in a rare class trial, awarded more than $62 million Tuesday to victims of the wildfires that ravaged the state in 2020. The trial, held at the Multnomah Circuit Court, is the second in a class action of residents and businesses with property the wildfires damaged. Jurors awarded nearly … Continued

PacifiCorp Fire Victim Who Leapt in River Awarded $9 Million

Blooomberg (January 23, 2024) – A jury ordered a Berkshire Hathaway Energy Co. unit to pay nine homeowners at least $62 million for failing to prevent some Oregon wildfires in 2020, including $9 million for a man who jumped off a cliff into a river to escape the flames that destroyed his home. Adding to … Continued

Oregon utility must pay $85 million to homeowners for 2020 fires damage

Axios (January 23,2024) – A jury in Portland, Oregon, determined Tuesday that PacifiCorp, an electric utility owned by billionaire Warren Buffett’s Berkshire Hathaway, should pay $62 million plus other costs to nine survivors of the Labor Day 2020 wildfires that swept the state. The big picture: A PacifiCorp spokesperson said the utility intended to appeal … Continued

Oregon jury awards $85 million to 9 victims of deadly 2020 wildfires

Associated Press (January 23, 2024) – An Oregon jury awarded $85 million Tuesday to nine victims of wildfires that ravaged the state in 2020, the latest verdict in a series of legal proceedings that are expected to put the utility PacifiCorp on the hook for billions of dollars over its liability for the deadly blazes. … Continued

Utility Must Pay $85 Million to People Affected by Oregon Wildfires, Jury Rules

The New York Times (January 24, 2024) – A jury in Portland, Ore., awarded $85 million on Tuesday to nine people who had losses from wildfires that devastated communities and burned millions of acres in September 2020. The verdict is the latest development against the electric utility company PacifiCorp over its responsibility for the fires. … Continued