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M.C. MULTI-FAMILY DEV., L.L.C. v. CRESTDALE ASSOCS., LTD.

No. 48347.

193 P.3d 536 (2008)

M.C. MULTI-FAMILY DEVELOPMENT, L.L.C., A Nevada Limited Liability Company; Walter Homes, Ltd., A Nevada Limited Liability Company; and John H. Midby, Individually and as Managing Member of M.C. Multi-Family Development, L.L.C., and Walter Homes, Ltd., Appellants/Cross-Respondents, v. CRESTDALE ASSOCIATES, LTD., A Nevada Limited Liability Company; David Allsop, Individually and as Managing Member of Crestdale Associates, Ltd.; and Karen Allsop, Individually and as Managing Member of Crestdale Associates, Ltd., Respondents/Cross-Appellants.

Supreme Court of Nevada.

October 2, 2008.

Attorney(s) appearing for the Case

Patricia Glaser, Los Angeles; Christensen, Glaser, Fink, Jacobs, Weil & Shapiro, LLC, and Corey M. Eschweiler and Richard C. Gordon, Las Vegas, for Appellants/Cross-Respondents.

Santoro, Driggs, Walch, Kearney, Holley & Thompson and Anthony Zmaila and Charles L. Titus, Las Vegas, for Respondents/Cross-Appellants.

BEFORE MAUPIN, CHERRY and SAITTA, JJ.

OPINION

By the Court, MAUPIN, J.:

In this case, we primarily consider whether intangible property, in particular a contractor's license, can be the subject of a claim in tort for conversion. In doing so, we adopt the California definition of "property rights" and the Restatement (Second) of Torts rule defining conversion of "intangible personal property," and expressly reject the notion that personal property must be tangible in order to give rise...

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