Southern California Edison (SCE) reached agreements in principle to settle the claims asserted by 23 public entities (cities, counties and special districts) impacted by the 2017 Thomas and Koenigstein fires, the 2018 Montecito debris flows and the 2018 Woolsey Fire.
Under the settlement, $360 million will be paid to settle the public entities’ claims, with $150 million allocated to the 2017 fires and 2018 debris flow events and the remaining $210 million allocated to the 2018 Woolsey Fire.
“These settlements represent a significant result for our client,” said partner Doug Dixon.
The story was covered in the Wall Street Journal, CNN, Los Angeles Times, the Los Angeles Business Journal, and Law360 to name a few.