The Maximal C*-Algebra of Quotients as an Operator Bimodule
  We establish a description of the maximal C*-algebra of quotients of a unital C*-algebra $A$ as a direct limit of spaces of completely bounded bimodule homomorphisms from certain operator submodules of the Haagerup tensor product $A\otimes_h A$ labelled by the essential closed right ideals of $A$ into $A$. In addition the invariance of the construction of the maximal C*-algebra of quotients under strong Morita equivalence is proved. 
Pere Ara, Martin Mathieu and Eduard Ortega