Is a defendant's net worth substantially greater than at the time of trial considered to be admissible at trial?

California, United States of America

The following excerpt is from Zhadan v. Downtown Los Angeles Motor Distributors, Inc., 100 Cal.App.3d 821, 161 Cal.Rptr. 225 (Cal. App. 1979):

Defendant finally contends that the trial court improperly admitted evidence of defendant's net worth at time of trial which was substantially greater than at the time of the first trial. Defendant argues, without referring this court to any legal authority, that its net worth at the time of the event or injury to the plaintiff is the proper figure to submit to the jury. It has been determined that the jury should make its determination of the punitive damages based on defendant's net worth at the time of trial. (Marriott v. Williams (1908) 152 Cal. 705, 710, 93 P. 875.) The trial court correctly ruled this evidence admissible.

[100 Cal.App.3d 840]

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Is a defendant's net worth substantially greater than at the time of trial considered to be admissible at trial?

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