We've been blogging recently about the slew of cases reversing punitive damages awards because the plaintiff failed to present meaningful evidence of the defendant's financial condition.
Here's a change: in an unpublished opinion, the California Court of Appeal (First Appellate District, Division Three), reverses a trial court's determination that the plaintiff's evidence of the defendant's financial condition was insufficient. The Court of Appeal concluded the evidence established a net worth of $2.5 million, more than enough to support a $100,000 award. The Court of Appeal faulted the trial court improperly weighing evidence and considering evidence not before the jury.
July 5, 2009
Clark v. Clark: $2.5 Million Net Worth Sufficient to Support $100,000 Punitive Damages Award
Posted by
Curt Cutting
at
3:52 PM
Labels: California Court of Appeal, Financial Condition Evidence