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JurisprudenceG.R. No. 154878 -

G.R. No. 154878 -

Cited Laws

RA 244,RA 247,RA 327,RA 78,RA 137,RA 563,RA 591,
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TL;DR — Ruling

WHEREFORE, finding preponderance of evidence to sustain the instant complaint, judgment is hereby rendered in favor of [petitioner], sentencing [respondent] to pay the former the amount of: [US$100,000.00] or its peso equivalent with interest thereon at 3% per month from October 26, 1995 until fully paid; P500,000.00 with interest thereon at 4% per month from November 5, 1995 until fully paid. P100,000.

Decision

Ruling

WHEREFORE, finding preponderance of evidence to sustain the instant complaint, judgment is hereby rendered in favor of [petitioner], sentencing [respondent] to pay the former the amount of: [US$100,000.00] or its peso equivalent with interest thereon at 3% per month from October 26, 1995 until fully paid; P500,000.00 with interest thereon at 4% per month from November 5, 1995 until fully paid. P100,000.00 as and for attorney's fees; and P50,000.00 as and for actual damages. For lack of merit, [respondent's] counterclaim is perforce dismissed. With costs against [respondent]. IT IS SO ORDERED.