Riva Ridge Apartments v. Robert G. Fisher Co.

SMITH, Judge.

Defendants, Robert G. Fisher Company, Inc. (Fisher) and The American Insurance Company (bonding company), appeal the joint and several judgment of the trial court entered in favor of plaintiffs in the amount of $4,729,130 on their claims arising out of the alleged breach of a construction management agreement. Plaintiffs, Riva Ridge Apartments (Riva Ridge), a limited partnership, and its successor in interest, American Development Corporation (ADC), cross-appeal the trial court’s entry of summary judgment denying plaintiffs claim for punitive damages. We affirm in part, modify in…