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JurisprudenceG.R. No. 171373 -

G.R. No. 171373 - LLOYD'S ENTERPRISES AND CREDIT CORPORATION, VS. SPS. FERDINAND AND PERSEVERANDA DOLLETON.D E C I S I O N - Supreme Court E-Library

Cited Laws

RA 570,RA 570
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TL;DR — Ruling

WHEREFORE, the instant petition for review on certiorari is partially granted and the Decision of the Court of Appeals in CA-G.R. CV No. 82017 is AFFIRMED IN ALL RESPECTS with the following MODIFICATIONS: (1) the other monetary awards granted by the Regional Trial Court, Branch 276, Muntinlupa City are RESTORED and petitioner is accordingly ORDERED to pay respondents moral damages of P300,000.

Decision

Ruling

accordingly reduced the amounts involved to P50,000.00 and P30,000.00, respectively. In the instant case, the Court of Appeals modified the award by ordering the payment of moral damages of P200,000.00 and exemplary damages of P200,000.00 both to each respondents, or a total of P800,000.00. The Court finds the increase in the award of damages unjustified under the circumstances and, thus, reinstates the award of the RTC. Except for the modified award of moral and exemplary damages due the respondents, the Court of Appeals decision affirmed, albeit impliedly, the RTC decision in all other respects including the award of actual litigation expenses and attorney's fees. WHEREFORE, the instant petition for review on certiorari is partially granted and the Decision of the Court of Appeals in CA-G.R. CV No. 82017 is AFFIRMED IN ALL RESPECTS with the following MODIFICATIONS: (1) the other monetary awards granted by the Regional Trial Court, Branch 276, Muntinlupa City are RESTORED and petitioner is accordingly ORDERED to pay respondents moral damages of P300,000.00, exemplary damages of P300,000.00, actual litigation expenses of P50,000.00 and attorney's fees of P100,000.00; and (2) defendants Blesilda Gagan and Feliciano Fajardo Guevarra are ORDERED to pay jointly and severally petitioner Lloyd's Enterprises and Credit Corporation on its cross-claim the amount of P645,000.00, plus legal interest of 6% per annum from the date of the RTC Decision. Costs against petitioner. SO ORDERED.