Opinion ID: 2569599
Heading Depth: 2
Heading Rank: 3

Heading: Order Releasing Bond

Text: [¶ 33] The buyers claim the trial court erroneously released the sellers' bond. Again, the buyers provide no pertinent authority to support their position. As noted in the recitation of the facts: (1) The buyers filed a lien statement in the amount of $10,430; (2) the sellers filed a Complaint for Temporary Restraining Order, Preliminary Injunction and Permanent Injunction; (3) the sellers were ordered to post an injunction bond in the amount of $10,430, the amount the buyers claimed was owed to them for the hay; (4) the parties stipulated that the buyers would not proceed with their lien foreclosure action; and (5) in return the sellers agreed the court would hold the $10,430 as a bond for satisfaction of the lien. The stipulation provided the court could hold the bond for satisfaction of the lien, if the Court determines in fact the lien is valid. On June 22, 2000, the trial court granted the sellers' motion for release of the bond reasoning the buyers' failure to provide evidence of the specific amount owed to them for hay eliminated any grounds for the bond. [¶ 34] Wyo. Stat. Ann. § 29-1-310 (LexisNexis 2001) addresses the satisfaction of a lien when a bond is filed in the district court as occurred in the instant case. A bond guarantees that, if the lien claimant is finally adjudged to be entitled to recover upon the lien, the lien claimant shall be paid at least the amount for which the lien was filed plus costs. Here, the matter was adjudicated, and the trial court properly concluded there was no evidence to support the buyers' claim that they paid a particular amount of money for the hay. It accordingly struck the $10,430 damage award to the buyers. Likewise, there was no basis upon which to support the lien claim, and the bond was properly released.