PacifiCorp faces multibillion-dollar punitive damages for role in wildfires.

1 min read
Source: The Associated Press
PacifiCorp faces multibillion-dollar punitive damages for role in wildfires.
Photo: The Associated Press
TL;DR

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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