We previously blogged about this unpublished opinion in which the Court of Appeal vacated a sizable punitive damages award (originally $20 million but reduced to $3.5 million by the trial court) because the trial plaintiffs neglected to introduce evidence of the defendant’s financial condition at the time of trial. Today the California Supreme Court denied the plaintiff’s petition for review.
Financial Condition Evidence
California Supreme Court Denies Review in Gnesda v. UPS
April 16, 2008
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