PacifiCorp faces multibillion-dollar punitive damages for role in wildfires.
TL;DR Summary
An Oregon jury has ordered PacifiCorp, owned by Warren Buffett's Berkshire Hathaway, to pay punitive damages for causing devastating wildfires in 2020, on top of an earlier verdict already expected to amount to billions of dollars. The jury found PacifiCorp liable for the fires and said it must pay for damage to property as well as emotional distress. The fires killed nine people, burned more than 1,875 square miles, and destroyed upward of 5,000 homes and other structures. PacifiCorp said it plans to appeal.
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- PacifiCorp must pay punitive damages for wildfires, plus award that could reach billions KPTV FOX 12 Oregon
- Punitive damages add to mounting costs for PacifiCorp’s role in 2020 wildfires Oregon Public Broadcasting
- Berkshire Unit Fire Suit Heads Toward Multibillion-Dollar Finale Yahoo Finance
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