Practice Area

Conversion of Business Assets

Texas State Court

Situation — How This Comes Up

My former business partner took company property and money when they left.

What You Need to Know First

Conversion is the wrongful taking or retention of another’s property. In a business context, it often overlaps with breach of fiduciary duty, fraud, and theft — each providing different remedies.

Full Analysis

Business asset conversion claims in Texas can be combined with civil theft claims under the Texas Theft Liability Act, which allows recovery of up to three times actual damages plus attorney’s fees.

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The information on this page is for general informational purposes only. Nothing here constitutes legal advice for any individual case or situation. This information is not intended to create, and receipt or viewing does not constitute, an attorney–client relationship. © 2026 Silachi Law Firm, PLLC · Texas Bar No. 24118480