Baron & Budd Announces $25.4M Settlement with PG&E for Calaveras County Fire Damages
SAN ANDREAS, Calif.--(BUSINESS WIRE)--Nov 13, 2018--Today, the national law firm of Baron & Budd, announced that the Calaveras County Board of Supervisors agreed to settle the County’s claims against PG&E for damages suffered as a result of the 2015 Butte Fire. After more than two-and-a-half years of information exchange, expert analysis, litigation, and mediation, both PG&E and the County have accepted a “mediator’s proposal” of $25,400,000 for all claims and liabilities arising from the 2015 Butte Fire.
The parties attended three substantive mediations, and after the final day of mediation, Michael Ornstil, a mediator with JAMS, the largest private alternative dispute resolution provider, made the mediator’s proposal.
“Our firm is truly honored to help Calaveras County recover its damages after such devastating losses,” said Baron & Budd attorney John Fiske. “This settlement will help Calaveras County continue to heal and rebuild its community.”
The details of the mediation process are confidential per the agreement among the parties, the mediator, and per California law. Through the process, the County was advised by County Counsel Megan Stedtfeld, Deputy County Counsel Greg Wayland, and the national law firm of Baron & Budd. Baron & Budd has represented hundreds of public entities in complex litigation nationwide over the past 20 years.
The Board further directed County Counsel to finalize and present to the Chair a Settlement Agreement for signature. Funds are expected to be paid before the end of the calendar year.
ABOUT BARON & BUDD, P.C.
Baron & Budd, P.C. is among the largest and most accomplished plaintiffs’ law firms in the country. With more than 35 years of experience, Baron & Budd has the expertise and resources to handle complex litigation throughout the United States. As a law firm that takes pride in remaining at the forefront of litigation, Baron & Budd has spearheaded many significant cases for hundreds of entities and thousands of individuals. Since the firm was founded in 1977, Baron & Budd has achieved substantial national acclaim for its work on cutting-edge litigation, trying hundreds of cases to verdict and settling tens of thousands of cases in areas of litigation as diverse as dangerous pharmaceuticals and defective medical devices, asbestos and mesothelioma, environmental contamination, fraudulent banking practices, motor vehicles, employment, and other consumer fraud issues.
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CONTACT: Baron & Budd, P.C.
KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA
INDUSTRY KEYWORD: PROFESSIONAL SERVICES LEGAL
SOURCE: Baron & Budd, P.C.
Copyright Business Wire 2018.
PUB: 11/13/2018 08:50 PM/DISC: 11/13/2018 08:50 PM