In an action by a personal property owner against the lienholder for wrongful conversion of the property covered by the lien, the property owner is generally only entitled to recover the excess of the fair market value of the property over the amount of the debt for which it was security.
Kings New York Instruction to Jury Regarding Damages for Conversion by Lienholder
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Multi-State
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Kings
Control #:
US-01364BG
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