Remove LI using jQuery

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#1
I have the code below, I need to remove the opening UL and LI and the closing LI and UL and just keep the inner UL.

I've tried the everything I can think of but not being an expert in jQuery is letting me down, any help much appreciated.
Code:
<ul>
  <li>
    <ul>
      <li>item 1</li>
      <li>item 2</li>
      <li>item 3</li>
    </ul>
  </li>
</ul>
 
#3
That wasn't exactly what I was looking for but I got it working after playing around with jQuery for a bit, thanks for the help though.
 
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