Du Sik Lee and Won Jae Lee v. Kenneth R. Davis and Linda P. Davis

IN THE COURT OF APPEALS OF TENNESSEE AT JACKSON November 28, 2006 Session DU SIK LEE AND WON JAE LEE v. KENNETH R. DAVIS AND LINDA P. DAVIS An Appeal from the Circuit Court for Shelby County Nos. CT-003329-04; CT-003454-04 Karen R. Williams, Judge No. W2006-01018-COA-R3-CV - Filed July 3, 2007 This is a breach of contract case. The defendants own a commercial building that was seriously damaged by a fire. The plaintiffs entered into a lease-purchase contract with the defendants to acquire the building at the expiration of a ten-year lease. Under the contract, the plaintiffs agreed to renovate…