Calif. Law Limiting Wildfire Damages May Spark Settlements

Law360, San Diego (September 11, 2012, 11:10 PM EDT) -- California Gov. Jerry Brown on Tuesday signed into law a measure that reins in the damages government agencies can seek in wildfire lawsuits, a move attorneys say should result in more reasonable demands that timber companies are more likely to settle.

The governor said A.B. 1492 gives a boost to the state’s timber industry by eliminating regulatory fees on companies, allowing more time to harvest timber, and prohibiting state and federal government agencies from seeking unlimited environmental penalties against companies for wildfire damage.

The bill specifies...
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