Berkshire Hathaway Inc.’s PacifiCorp now faces a demand for $30 billion from victims of Oregon’s 2020 Labor Day wildfires, an escalation of a legal onslaught on the largest grid operator in the western US.
While the amount sought in an amended complaint filed Monday is about two and a half times what the utility is worth, it’s also much bigger than the payout PacifiCorp might be expected to face based on claims resolved so far.
The growing liabilities for PacifiCorp prompted Berkshire Chairman Warren Buffett to warn in his annual letter to investors that wildfires