From: john boyle 
Newsgroups: uk.finance
Subject: Re: Lost cheque - who is liable?
Date: Mon, 2 Feb 2004 20:46:06 +0000

In message , Steve 
 writes
>What does "suing for conversion" mean and why were banks so afraid of it?

'Conversion' means 'to deprive the true owner of what is really theirs'.

A bank that was successfully sued for conversion normally had to pay out 
a wodge in damages and got a reputation for shoddy work.

-- 
John Boyle