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CREECH v. ADDINGTON

No. E2006-01911-SC-R11-CV.

281 S.W.3d 363 (2009)

Arthur CREECH et al. v. Robert R. ADDINGTON et al.

Supreme Court of Tennessee, at Knoxville.

March 31, 2009.

Attorney(s) appearing for the Case

Rick L. Powers and Dan D. Rhea, Knoxville, Tennessee, for the appellants, D.C. Parker and Richard Flowers.

David H. Parton, Gatlinburg, Tennessee for the appellees, Arthur Creech et al.

OPINION

GARY R. WADE, J., delivered the opinion of the court, in which JANICE M. HOLDER, C.J., WILLIAM M. BARKER, CORNELIA A. CLARK, and WILLIAM C. KOCH, JR., JJ., joined.

The eleven Plaintiffs, investors in a real estate development in Tunica, Mississippi, suffered losses when the financing for hotels on the tracts of land they had leased failed to materialize. Five of the Plaintiffs first learned of the investment opportunity in 1993 while attending a...

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