Professor Shelley Saxer Interviewed in "Xcel Texas Wildfire Legal Reckoning to Take Years to Play Out" -- Bloomberg News
Professor Shelley Ross Saxer is interviewed in the Bloomberg News Financial Post article, "Xcel Texas Wildfire Legal Reckoning to Take Years to Play Out." The article considers whether Texas Panhandle property owners will be able to use a legal shortcut, which doesn’t require proving negligence, that was used by fire victims in California to secure compensation from PG&E Corp. following a series of catastrophic fires.
Exerpt from "Xcel Texas Wildfire Legal Reckoning to Take Years to Play Out"
In Texas, where the theory isn’t as well developed, Fitch Ratings said this week that Xcel’s local subsidiary wouldn’t be subject to inverse condemnation.
But Shelley Ross Saxer, a law professor at Pepperdine University, said the shortcut may be viable under the Texas state constitution. Inverse condemnation would save time for property owners because there’s less they need to prove to qualify for damages, Saxer said.
The complete article may be found at Bloomberg News