Ron Colquette v. Peter Zaloum

Ron Colquette (“Plaintiff”) sued Peter Zaloum (“Defendant”) claiming, in part, that Defendant made fraudulent misrepresentations in connection with the sale of his business and the lease of his land to Plaintiff, and that Defendant violated the Tennessee Consumer Protection Act. After a bench trial, the Trial Court entered a Final Judgment holding, inter alia, that Plaintiff was entitled to damages in the amount of $70,054.35, plus pre-judgment interest; that Plaintiff was entitled to punitive damages in the amount of $15,000; and that the Tennessee Consumer Protection Act was not applicable to this case. Defendant appeals, and Plaintiff raises additional issues concerning the applicability of the Tennessee Consumer Protection Act to the facts of this case, and the amount of punitive damages awarded to him. We affirm.