Simple English definitions for legal terms
Read a random definition: local counsel
Term: Innocent Converter
Definition: An innocent converter is someone who takes something that doesn't belong to them, but they didn't know it wasn't theirs to take. They didn't mean to do anything wrong, but they still ended up with something that belongs to someone else.
Definition: An innocent converter is a person who takes someone else's property without knowing that they have no right to it. This person is not intentionally trying to steal the property, but they still wrongfully possess or dispose of it.
For example, if someone finds a lost wallet on the street and takes it home, they may be considered an innocent converter if they did not know that they were not entitled to keep the wallet. Another example could be if someone buys a stolen item from a thief without knowing that it was stolen.
These examples illustrate the concept of an innocent converter because in both cases, the person did not intend to steal the property but still wrongfully possessed it. However, if they had known that the property did not belong to them, they would not be considered innocent converters.