Ballistics Research, Inc. v. Bri Funding, LLC.

PHIPPS, Presiding Judge.

Ballistics Research, Inc., Ballistics Blocks, LLC, Wayne Orr, and James Orr (collectively, “defendants”) appeal from the trial court’s order awarding BRI Funding, LLC, punitive damages in excess of the statutory cap in OCGA § 51-12-5.1 (g). Because BRI Funding cannot recover excess punitive damages, we vacate the award and remand for further proceedings.

This case is before us a second time. The pertinent facts, which are fully outlined in Ballistics Research I, show that beginning in September 2009, several investors agreed to loan money to Ballistics Research. In…