Oregon Court Scraps $1B in Wildfire Damages

0:00An Oregon appeals court ruled for pacified court this week, potentially scrapping over $1 billion in wildfire damages owed to thousands of. Victims from the 2020 Labor Day blazes. The three-judge panel said the trial court blew it with a jury instruction that led evidence from four separate fires applied to every class member, even though properties stretched over 100 miles apart. Those fires rank among Oregon's worst disasters, claiming 11 lives, torching 1,560 square miles and leveling thousands of homes statewide. Pacified court called the decision a win against the flawed process, while plaintiff's lawyers dismissed it as a mere procedural hiccup, noting the court. Didn't touch the jury's core findings and left room for a retrial. The utilities already shelled out over $2 billion in other settlements, including $575 million to the feds and just. Sold-off assets for $1.9 billion to ease cash drains from bonds on pending cases.

1:00With over 1,000 trials queued for 2026 and 2027, and a Supreme Court appeal in play, victims and the company still have a long road ahead. That's the story for today. Vancouver News Today, Driven by AI, I'm Corey with The Story.