G.R. No. 190445 - BANCO DE ORO UNIBANK, INC., VS. SPOUSES ENRIQUE GABRIEL LOCSIN AND MA. GERALDINE R. LOCSIN. D E C I S I O N - Supreme Court E-Library

Ruling

WHEREFORE, the court hereby renders judgment in favor of plaintiff BANCO DE ORO UNIVERSAL BANK, declaring defendant SPOUSES ENRIQUE GABRIEL LOCSIN AND MA. GERALDINE LOCSIN, jointly and severally liable to plaintiff hereby ordering aforesaid defendants to pay plaintiff Banco De Oro Universal Bank, the following, viz .: 1) Php3,709,961.00 representing the outstanding obligation from November 25, 2006; 2) The amount equivalent to 12% per annum on the outstanding obligation as interest and charges from November 25, 2006; 3) Php10,000.00 as and by way of attorney's fees. SO ORDERED.