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JurisprudenceG.R. No. 252875 -

G.R. No. 252875 - HARBOUR CENTRE* PORT TERMINAL, INC., VS. FEDERAL PHOENIX ASSURANCE COMPANY, INC..

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TL;DR — Ruling

WHEREFORE , judgment is hereby rendered in favor of [Federal] and against [HCPTI and Nonpareil,] ordering [HCPTI and Nonpareil,] as follows: 1. [HCPTI] is hereby ORDERED to pay [Federal] the amount of [ PHP ] 556,925.84 plus 6% interest thereon from [the] date of filing of the Complaint until fully paid; 2. [HCPTI] and [Nonpareil] are hereby ORDERED to pay jointly and severally, [Federal] the following sums: 2.

Decision

Ruling

WHEREFORE , judgment is hereby rendered in favor of [Federal] and against [HCPTI and Nonpareil,] ordering [HCPTI and Nonpareil,] as follows: 1. [HCPTI] is hereby ORDERED to pay [Federal] the amount of [ PHP ] 556,925.84 plus 6% interest thereon from [the] date of filing of the Complaint until fully paid; 2. [HCPTI] and [Nonpareil] are hereby ORDERED to pay jointly and severally, [Federal] the following sums: 2.1. [PHP] 1,716,449.60 plus 6% interest thereon from [the] date of filing of the Complaint until fully paid[;] 2.2. 2.5% of the total number 1 as attorney's fees; [and] 2.3. Cost[s] of suit. SO ORDERED.