Warehouse Equipment Taken
Karina Kovacs knew the warehouse equipment belonged to Knightbridge Bank yet sold it after the contract fell through. She exercised dominion inconsistent with the bank's rights. The bank sued for knowing conversion.
Also known as: knowing conversions · conversion
Written by attorneys · grounded in primary & secondary sources — see below
Conduct by which a person intentionally exercises dominion or control over property of another in a manner inconsistent with the owner's rights. The actor must know of the owner's interest and act without authority or in excess of authority.
Select any source to read its text and confirm it supports the definition.
Karina Kovacs knew the warehouse equipment belonged to Knightbridge Bank yet sold it after the contract fell through. She exercised dominion inconsistent with the bank's rights. The bank sued for knowing conversion.
Kiara Kaur found metal casings on federal land and melted them into ingots for resale. The owner sued because the intentional destruction changed the chattel's identity and character.
Kelsey Kirk knew the trust funds were restricted yet used them for personal expenses beyond any authority. The trustee sued because she intentionally exercised control inconsistent with the beneficiaries' rights.
Kwame Kofi knew the building materials belonged to Kinetic Solutions yet sold them before closing. He exercised dominion without authority. Kinetic sued for knowing conversion of the chattels.
Kimberly Knox borrowed a company truck for personal deliveries far beyond the permitted route. The owner sued because the serious violation of control rights constituted conversion of the chattel.
Kieran Kelly knew the land records belonged to Kodiak Energy yet refused to return them after the deal collapsed. He exercised control inconsistent with the owner's rights. Kodiak sued for knowing conversion.
The actor must intend to exercise dominion inconsistent with the owner's rights while knowing of the owner's interest. No personal gain is required.
No. When the conversion is clear from the defendant's conduct a demand is unnecessary. A demand and refusal may help only when the facts are ambiguous.
Larceny requires caption and asportation with intent to permanently deprive. Knowing conversion requires only an intentional dealing with the property that conflicts with the owner's authority.
…in connection with the purchase of stock. I can find no instruction suggesting that one element of the offense was the improper conversion or misappropriation of that nonpublic information. Ambiguous suggestions in the indictment and the prosecutor's opening and closing remarks are no substitute for the proper instructions.…