Cracking Open the Corporate Coffers
Unclear Seventh Circuit precedent and conflicting district court opinions have left unresolved whether corporate financial information is discoverable in relation to a punitive-damages claim in federal court. In his August 2019 Illinois Bar Journal article, “Cracking Open the Corporate Coffers,” Thomas A. Drysdale, a chambers law clerk to the Hon. Eric I. Long of the Central District of Illinois, argues that corporate wealth is discoverable, analyzes its admissibility, and proposes a solution to resolve the tension between the relevancy and admissibility questions.
Read more in the August edition of the Illinois Bar Journal.