Newcourt Financial USA, Inc. v. Lafayette Investments, Inc.

SMART, Judge.

Lafayette Investments, Inc. (“Lafayette”) appeals the circuit court’s judgment denying its request for recovery against an injunction bond filed by Newcourt Financial USA, Inc. (“Newcourt”). Lafayette believes that it sustained its burden of proving that the temporary restraining order (“TRO”) issued on behalf of Newcourt, caused it to sustain damages in the form of: (1) attorneys’ fees incurred as the result of defending against the TRO; (2) storage costs for the collateral; (3) interest expense which accrued on the collateral; and (4) depreciation in the value of the collateral.