The settlements are for far less than jury verdicts but bring some closure for damages suffered five years ago—and beat a federal tax penalty.
By Jeff Manning
Oregon Journalism Project
PacifiCorp, the Portland utility that faces crushing financial liability for a wave of destructive wildfires that killed five, injured many others, and caused widespread damage, has reached another big settlement—$150 million to 1,434 people in the 2020 Labor Day wildfires.
