A party may recover compensatory damages for any actual loss that the party can prove with reasonable certainty.
Virginia Instruction to Jury Regarding Compensatory Damages for Conversion
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When a case, civil or criminal, is tried by a jury and a party objects to the judgment or action of the court in granting or refusing to grant a new trial on a motion to set aside the verdict of a jury on the ground that it is contrary to the evidence, or when a case is decided by a court without the intervention of a ...
Conversion is an intentional tort which occurs when a party takes the chattel property of another with the intent to deprive them of it. Conversion is not applicable to real property. For the purposes of conversion, ?intent? merely means the objective to possess the property or exert property rights over it.
Conversion is an intentional tort that protects against interference with one's possessory and ownership interests in personal property. It involves the unauthorized exercise of right of ownership over the personal belongings of another person. The law protects your personal property in a number of ways.
Virginia common law entitles individuals to compensation for the full value of an item that was wrongfully taken from them. Conversion is the wrongful assumption or exercise of the right of ownership over goods or chattels belonging to another, in denial of or inconsistent with the owner's rights.
The plan of entity conversion must be (i) approved by the unanimous consent of the shareholders, (ii) adopted by the board of directors and approved by each voting group of shareholders entitled to vote on the plan by more than two- thirds of all the votes entitled to be cast by that voting group, unless the board of ...
A conversion occurs when a person without authority or permission intentionally takes the personal property of another or deprives another of possession of personal property. It is a tort which allows the injured party to seek legal relief.
§ 8.01-52. Punitive damages may be recovered for willful or wanton conduct, or such recklessness as evinces a conscious disregard for the safety of others.
Compensatory damages are further classified as economic damages and noneconomic damages. These are generally available to all victims of car crashes, truck wrecks, slips, falls, dog bites and animal attacks, electric shocks, dangerous and defective products, and medical malpractice.