Civil Litigation,
Government,
Environmental & Energy
Apr. 15, 2019
Newsom open to changing inverse condemnation law
The news sent Pacific Gas & Electric Co. shares sharply upward, given that such a move could ease the company's burden from future wildfire damages.
SACRAMENTO — Gov. Gavin Newsom signaled Friday that he is open to changing California’s inverse condemnation law, sending Pacific Gas & Electric Co. shares sharply upwards, given such a move could ease the company’s burden from future wildfire damages.
The idea was part of a 59-page report from a strike force Newsom’s administration assembled to come up with possible responses to a worsening wildfire risk in the state. Much of th...
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