As we close out the year, I am pleased to report that the Fire Victim Trust has reached a written settlement agreement with Davey Tree, which will close out the last of the third-party lawsuits the Fire Victim Trust was authorized to prosecute on behalf of Fire Victim Claimants. This settlement will avoid the expense and uncertainty of trial.
A number of procedural steps, the schedule for which has been set by the San Francisco Superior Court presiding over this case, are required to finalize that process. Once the necessary steps have been completed, the Trust will be able to disclose the final terms of the settlement in a filing with the Bankruptcy Court that will also be posted on this website. We anticipate receiving the settlement funds in spring or summer 2026, which will allow the Trust to make the final pro rata distribution to eligible Fire Victim Claimants.
