SECURITY FEDERAL S & L v. RIVIERA, LTD.


856 S.W.2d 709 (1992)

SECURITY FEDERAL SAVINGS AND LOAN ASSOCIATION OF NASHVILLE, Plaintiff/Appellee, v. RIVIERA, LTD., a Tennessee limited partnership, Jack W. Redditt, Wilson Pike Associates, Mickey J. Ridings and Jack W. Redditt Co., Inc., Defendants/Appellants.

Court of Appeals of Tennessee, Middle Section, at Nashville.

Permission to Appeal Denied June 1, 1993.

As Corrected September 16, 1993.


Attorney(s) appearing for the Case

Sam J. McAllester, III, Nashville, for plaintiff/appellee.

Alfred H. Knight, Alan D. Johnson, Nashville, for defendants/appellants Jack W. Redditt and Jack W. Redditt Co., Inc.

Phillip L. Davidson, Nashville, for defendant/appellant & third-party plaintiff Mickey J. Ridings.

H. Naill Falls, Jr., Nashville, for third-party defendants RRY, Thomas D. Robinson and Andrew Robinson.


Permission to Appeal Denied by Supreme Court June 1, 1993.

OPINION

CANTRELL, Judge.

This action involves an attempt by the purchasers of an apartment complex to avoid the operation of the purchase agreement because: (1) the agreement was procured by fraud; or (2) because one of the sellers violated a fiduciary duty to the purchasers. The chancellor enforced the agreement. We think the evidence preponderates against the chancellor's findings...

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