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Berkshire’s PacifiCorp Must Pay $131 Million to USA Power

PacifiCorp, a Portland, Oregon-based utility and part of Warren Buffett’s Berkshire Hathaway Inc., said it must pay $131 million to USA Power LLC after a state court jury in Utah ruled it stole USA Power’s trade secrets.

The jury, in the Third District Court of Salt Lake County, determined on May 21 that PacifiCorp broke a confidentiality agreement and misappropriated trade secrets concerning USA Power’s plans to build a natural gas facility in Juab County, Utah, according to a regulatory filing today.