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Home / Opinion Digests / Lender Wins Conversion Claim for Rent (access required)

Lender Wins Conversion Claim for Rent (access required)

Applying Florida law, a Richmond U.S. District Court says plaintiff lenders are entitled to summary judgment finding defendant developers of retail stores liable for conversion of rent payments the lenders were entitled to collect, but the case will go to trial on damages. This case involves financing for the development of retail stores in shopping centers. ...