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AUTON'S FINE JEWELRY v. BECKNER'S, INC.

707 S.W.2d 539 (1986)

AUTON'S FINE JEWELRY & BRIDAL CENTER, INC., Plaintiff-Counter-Defendant-Appellee, v. BECKNER'S, INC., Defendant-Counter-Claimant-Appellant.

Court of Appeals of Tennessee, Eastern Section.

Rehearing Denied February 7, 1986.

Application for Permission to Appeal Denied March 24, 1986.

Attorney(s) appearing for the Case

Walter Lee Davis, Jr. of Johnson & Davis, Johnson City, for defendant-counter-claimant-appellant.

J. Randall Shelton, Morristown, for plaintiff-counter-defendant-appellee.

Application for Permission to Appeal Denied by Supreme Court March 24, 1986.

OPINION

FRANKS, Judge.

The issue presented by this appeal is whether the defendant is entitled to the equitable remedy of set-off against plaintiff's action, based on an open account which plaintiff purchased at a foreclosure sale.

The facts are not in dispute. For several years, Beckner's and Clifton's, retail jewelry stores, transacted business, exchanging merchandise...

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