Buffett’s PacifiCorp faces US$30bil claim demand

The amount sought in an amended complaint is much bigger than the payout PacifiCorp might be expected to face based on claims resolved so far. —Bloomberg

NEW YORK: Berkshire Hathaway Inc’s PacifiCorp is facing a demand for US$30bil from victims of Oregon’s 2020 Labour Day wildfires, an escalation of a legal onslaught on the largest grid operator in the western United States.

While the amount sought in an amended complaint filed on 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.