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GULLEDGE v. FROSTY LAND FOODS INTERN., INC.

80-642.

414 So.2d 60 (1982)

E. A. GULLEDGE and Iowa Meat Distributing Company, Inc. v. FROSTY LAND FOODS INTERNATIONAL, INC.

Supreme Court of Alabama.

Rehearing Denied May 21, 1982.

Attorney(s) appearing for the Case

Thomas R. Christian of Turner, Wilson, Christian & Dorrough, Montgomery, for appellant.

Sterling G. Culpepper, Jr., and William P. Cobb, II, for Smith, Bowman, Thagard, Crook & Culpepper, Montgomery, for appellees.

SHORES, Justice.

Frosty Land Foods International, Inc. (hereinafter Frosty Land) and Lorenz Transport and Ship Lines, Inc. (Lorenz), a wholly-owned subsidiary of Frosty Land, filed suit against E. A. Gulledge and Iowa Meat Distributing Company, Inc. (Iowa), alleging that Gulledge, while an officer, employee and director of both Frosty Land and Lorenz, violated his fiduciary duty to the plaintiff corporations by engaging in a competing business to the detriment of...

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