John Deere Co. of Baltimore, Inc. v. Cerone Equipment Co.

This is an appeal from so much of an order and judgment of the Supreme Court, Albany County, granting appellant’s motion for summary judgment as excluded therefrom the cost of the premium paid for an undertaking bond as a taxable disbursement.

*258Respondent, a heavy construction equipment dealer, obtained its inventory from the appellant pursuant to an arrangement whereby the appellant had a security interest in all of the equipment supplied to respondent by appellant. Subsequently respondent breached this agreement and pursuant thereto appellant sought to take possession of the secured…