TL;DR — Ruling
WHEREFORE , the Court MODIFIES the Court of Appeals Decision dated October 26, 2006. RCJ Bus Lines, Incorporated is ORDERED to pay P400,000.00 to Master Tours and Travel Corporation with interest of 6% per annum from the filing of the complaint. The Regional Trial Court’s award of attorney’s fees is DELETED for lack of legal basis.
WHEREFORE , the Court MODIFIES the Court of Appeals Decision dated October 26, 2006. RCJ Bus Lines, Incorporated is ORDERED to pay P400,000.00 to Master Tours and Travel Corporation with interest of 6% per annum from the filing of the complaint. The Regional Trial Courts award of attorneys fees is DELETED for lack of legal basis. Costs against the petitioner. SO ORDERED.
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