Opinion ID: 2299356
Heading Depth: 2
Heading Rank: 1

Heading: Conversion of the Ashmere Partnership Interests

Text: The Supreme Court of Rhode Island has stated that a conversion action will not lie for a partnership interest or other intangible property right that is not manifested by a tangible instrument, such as a written agreement ... that may, in turn, be converted. Montecalvo v. Mandarelli, 682 A.2d 918, 929 (R.I.1996). Noting Montecalvo, the Court of Special Appeals held below that Mr. Miller's share of the Ashmere Partnership was merged into both the certificate of limited partnership filed with the Commonwealth of Massachusetts and the written partnership agreement. Allied Inv. Corp., 123 Md.App. at 105, 716 A.2d at 1093. We shall not address this issue. [3] Petitioners' complaint did not contain sufficient facts that could have stated a claim for conversion of Mr. Miller's share of the Ashmere Partnership even if the Court of Special Appeals's holdings as to the law in respect to the nature of partnership agreements and certificates were correct. Maryland law does not recognize a tort claim for conversion of intangible property interests unless they are merged into a tangible document over which the defendant exercises some form of ownership or dominion. Petitioners' complaint did not allege any facts indicating that respondent exercised ownership or dominion over any document pertaining to Mr. Miller's interest in the Ashmere Partnership.