Defendant’s Net Worth – Negative or Not (Advocate Article)

Published by Consumer Attorneys Association of Los Angeles


Although net worth is the most common measure of the defendant’s financial condition, it is not the only financial measure of a company for determining whether punitive damages are excessive.

Solange Ritchie
Solange Ritchie practices law with Steve Young, and has experience in complex fraud and contract related matters. She has published extensively on the issues of punitive damages, SLAPP and anti-SLAPP motions, civil procedure, and related topics in OCTLA’s the Gavel, the Advocate and Plaintiff magazines. Solange is proud to be a board member of OCTLA.

Originally Published

July 1, 2013

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