Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
 Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search BRK.A
Shrewd'm.com Merry shrewd investors
Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search BRK.A

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
Unthreaded | Threaded | Whole Thread (2) |
Author: EarlyRetiree ✺  😊 😞
Number: of 15055 
Subject: BRK's PacifiCorp found liable for huge damage
Date: 06/13/2023 1:43 AM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 4
"Bloomberg) -- A Berkshire Hathaway Inc. unit found liable by a jury for destruction caused by the 2020 Labor Day Fires in Oregon could face damages well beyond PacifiCorp's net worth of $10.7 billion, a lawyer for the company told a jury. ...

The final tab could add up to more than 10 times the value of the company, Alison Plessman, a lawyer for PacifiCorp, told the jury. If the owners of about 2,500 properties each win an average of $4.5 million as part of the class-action case, that would add up to $11.25 billion, she said. Punitive damages of five times that amount to each of two occupants of a home would result in a 10-fold increase."

https://finance.yahoo.com/news/berkshire-unit-liab...

Post New | Post Reply | Report Post | Recommend It!
Print the post
Unthreaded | Threaded | Whole Thread (2) |


Announcements
Berkshire Hathaway FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Ticker or Board Name Author

Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Followed Shrewds