Cited Laws
TL;DR — Ruling
WHEREFORE, the foregoing considered, judgment is hereby rendered in favor of plaintiff Larry Mari [ס] as, and against the defendants Metropolitan Bank and Trust Company and Expedito Fernandez, ordering the said defendants to account for the dollar deposits of the plaintiff in the amounts of US$30,000.00 and US$25,000.00, respectively, and then return the same, including the interests due thereon reckoned from 31 May 1999 until fully paid.
Accordingly, there was nothing to account for and restore. By way of counterclaim, petitioner prayed for the payment of P200,000.00 as attorney's fees, P1,000,000.00 as moral damages, and P500,000.00 as exemplary damages. [16] As no amicable settlement was reached, trial on the merits ensued. On October 14, 2004, the RTC rendered a decision in favor of respondent, the dispositive portion of which reads: WHEREFORE, the foregoing considered, judgment is hereby rendered in favor of plaintiff Larry Mari [ס] as, and against the defendants Metropolitan Bank and Trust Company and Expedito Fernandez, ordering the said defendants to account for the dollar deposits of the plaintiff in the amounts of US$30,000.00 and US$25,000.00, respectively, and then return the same, including the interests due thereon reckoned from 31 May 1999 until fully paid. Likewise, the defendants are hereby directed to pay to the herein plaintiff the following amounts, to wit: P100,000.00 in moral damages; P50,000.00 in exemplary damages; P50,000.00 as and by way of attorney's fees; and Costs of suit. SO ORDERED.
G.R. NO. 167346 - SOLIDBANK CORPORATION/ METROPOLITAN BANK AND TRUST COMPANY, [*], VS. SPOUSES PETER AND SUSAN TAN. - Supreme Court E-Library
G.R. NO. 167346 -
CaseG.R. No. 138569 - THE CONSOLIDATED BANK AND TRUST CORPORATION, VS. COURT OF APPEALS AND L.C. DIAZ AND COMPANY, CPA'S.DECISION - Supreme Court E-Library
G.R. No. 138569 -
CaseG.R. No. 195341 - ALLIED BANKING CORPORATION (NOW PHILIPPINE NATIONAL BANK), VS. ELIZABETH SIA.D E C I S I O N - Supreme Court E-Library
G.R. No. 195341 -