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California Courts’ Take on Inverse Condemnation Doomed PG&E

As PG&E Corp. hurtles toward bankruptcy, a once-obscure legal doctrine with an awkward name certainly bears a portion of the blame. Known as inverse condemnation, it holds California utilities responsible for wildfire damage caused by their equipment – whether the … Source: Claims Journal

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Criminalizing 1st-time DUIs a Tough Sell in Wisconsin

With a new Democratic ally in the governor’s office, a handful of Republican lawmakers are pushing for Wisconsin to join the rest of the country and criminalize first-offense drunken driving. On paper it might look like a can’t-miss bipartisan initiative, … Source: Claims Journal

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Louisiana Town Loses 5 Kids in Fiery Florida Crash

It was supposed to be a fun, post-Christmas trip to Disney World for 14-year-old Jeremiah Warren and his friends from a church in this small Louisiana town – “clean fun” as Warren’s aunt described it. But then word came of … Source: Claims Journal

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Hedge Fund Holds $1 B in PG&E Insurance Claims

Seth Klarman’s Baupost Group has been the poster child of the hedge fund industry’s ill-timed stock-market bets on the troubled utility PG&E Corp., which announced plans for bankruptcy. It turns out, though, that Baupost’s stock purchases, valued at $873 million … Source: Claims Journal

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