K & C DEVELOPMENT CORP. v. AmSouth Bank

K C Development Corporation ("K C") and Victor Kyatt, individually and as president, majority shareholder, and director of K C, sued AmSouth Bank, N.A. ("the Bank"), and Clarence E. Castleberry, who was the vice president and minority shareholder of K C. The complaint alleged breach of a contract under seal, wrongful foreclosure, conversion, fraud, breach of fiduciary duty, unjust enrichment, civil conspiracy, and interference with business relationships. The complaint also sought to quiet title to a certain parcel of real property and to impose a constructive trust. The complaint further…