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Buffett-owned utility warns of strained liquidity from wildfire trials
Yahoo Finance·2025-11-04 00:38

By Jonathan Stempel (Reuters) -A utility owned by Warren Buffett's Berkshire Hathaway warned on Monday it could face strained liquidity and lose its investment-grade status after a judge sped up the pace of trials over the 2020 Labor Day weekend wildfires in Oregon. PacifiCorp has already set aside 2.85billion,including2.85 billion, including 100 million in the third quarter, for lawsuits seeking $55 billion over the burning of more than 2,000 structures and 500,000 acres in Oregon and northern California. Victims blaming ...