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JurisprudenceG.R. NO. 147970 -

G.R. NO. 147970 - PCL INDUSTRIES MANUFACTURING CORPORATION, VS. THE COURT OF APPEALS AND ASA COLOR & CHEMICAL INDUSTRIES, INC.

Cited Laws

RA 616RA 633
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TL;DR — Ruling

WHEREFORE, premises considered, judgment is hereby rendered in favor of plaintiff. Defendant PCL Industries Manufacturing Corporation is hereby ordered to pay plaintiff: 1) P504,906.00 plus 20% interest per annum from April 1994 until fully paid; 2) 25% of the above amount as and for attorney's fees; and 3) cost of suit. The counterclaim of defendant is hereby dismissed for insufficiency of evidence.

Decision

Ruling

WHEREFORE, premises considered, judgment is hereby rendered in favor of plaintiff. Defendant PCL Industries Manufacturing Corporation is hereby ordered to pay plaintiff: 1) P504,906.00 plus 20% interest per annum from April 1994 until fully paid; 2) 25% of the above amount as and for attorney's fees; and 3) cost of suit. The counterclaim of defendant is hereby dismissed for insufficiency of evidence. SO ORDERED.