Utility Investors Wary of Exposures After Buffet’s PacifiCorp Held Liable for Wildfires July 19, 2023 By Joel Rosenblatt Destructive wildfires are now an almost routine part of summer in the American West, and electrical utilities have likewise become...
Warren Buffett’s PacifiCorp Sued by Oregon Wineries Over Fire Damage July 17, 2023 By Joel Rosenblatt Berkshire Hathaway Inc.’s PacifiCorp was sued by Oregon wineries claiming that smoke from wildfires ignited by the utility’s equipment in...
Verdict in Oregon Wildfires Case Highlights Risks Utilities Face Amid Climate Change June 20, 2023 By Claire Rush A jury verdict that found an Oregon power company liable for devastating wildfires – and potentially billions of dollars in...
Oregon Jury: PacifiCorp Must Pay Punitive Damages for Fires, Plus Award That Could Reach Billions June 15, 2023 By Claire Rush and Gene Johnson A jury on Wednesday ordered the electric utility PacifiCorp to pay punitive damages for causing devastating wildfires in Oregon in...
PacifiCorp Could Owe Billions After Jury Verdict in Devastating Oregon Wildfires June 15, 2023 By Andrew Selsky and Gene Johnson A jury in Oregon this week found the electric utility PacifiCorp responsible for causing devastating fires during Labor Day weekend...
$1.6B Trial Starts Against Utility Over Fatal 2020 Oregon Wildfires April 28, 2023 PORTLAND, Ore. (AP) – A trial connected to a $1.6 billion class action lawsuit against utility PacifiCorp over the catastrophic...
Two Families Settle with PacifiCorp in Oregon Over Fire November 7, 2022 Electric company PacifiCorp has entered a settlement with two families who were victims of the catastrophic Labor Day fires in...
Lawsuit Says Electrical Equipment Sparked Deadly California Wildfire August 25, 2022 The daughter of a 76-year-old man killed last month when California’s deadliest wildfire so far this year swept through a...