Brent Mitchell and Aqua Marine Enterprises, Inc. v. K & B Fabricators, Inc.

Summary

The Supreme Court of Alabama affirmed the trial court's finding that Brent Mitchell breached his fiduciary duty to K&B by usurping corporate opportunities and upheld the imposition of a constructive trust on AME's fabrication profits, but reversed the $531,000 damages award as not based on actual profits and remanded for recalculation. The court also affirmed the ruling that K&B did not violate the non‑competition agreement.