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JurisprudenceG.R. No. 185110 -

G.R. No. 185110 - PREMIERE DEVELOPMENT BANK,•, VS. SPOUSES ENGRACIO T. CASTAÑEDA•• AND LOURDES E. CASTAÑEDA,•••.D E C I S I O N - Supreme Court E-Library

Cited Laws

RA 8791
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TL;DR — Ruling

WHEREFORE , premises considered, this court finds the complaint in favor of the plaintiffs against the defendant Bank. It hereby orders the defendant Bank to apply the Php 2.6 million check payment to the subject loan of plaintiffs in the sum of Php 2.6 million covered by Promissory Note No.

Decision

Ruling

WHEREFORE , premises considered, this court finds the complaint in favor of the plaintiffs against the defendant Bank. It hereby orders the defendant Bank to apply the Php 2.6 million check payment to the subject loan of plaintiffs in the sum of Php 2.6 million covered by Promissory Note No. 717-X; and it hereby further orders the defendant bank to release unto the plaintiffs the Manila Polo Club, Inc., Proprietary Membership Certificate No. 170, registered in the name of Constancio [T.] Casta[ñ]eda. Moreover , this court hereby orders the defendant Bank to reimburse plaintiffs the sum of Philippine Pesos: ONE HUNDRED TWENTY-EIGHT THOUSAND TWO HUNDRED EIGHTY AND TWO CENTAVOS (Php 128,280.02) and to pay plaintiffs the sum of Php 250,000.00 representing attorney's fee (sic) plus cost of suit. SO ORDERED.