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JurisprudenceG.R. No. 191561 -

G.R. No. 191561 - BANK OF COMMERCE, VS. GOODMAN FIELDER INTERNATIONAL PHILIPPINES, INC..D E C I S I O N - Supreme Court E-Library

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TL;DR — Ruling

WHEREFORE, foregoing premises considered, judgment is hereby rendered in favor of the plaintiff [respondent herein] and against defendants SUNIL AMARNANI, KERAJ MARKETING CO., ELI ARAGON and BANK OF COMMERCE, ordering the latter, jointly and severally, to pay the former the following sums: Php1,700,250.

Decision

Ruling

WHEREFORE, foregoing premises considered, judgment is hereby rendered in favor of the plaintiff [respondent herein] and against defendants SUNIL AMARNANI, KERAJ MARKETING CO., ELI ARAGON and BANK OF COMMERCE, ordering the latter, jointly and severally, to pay the former the following sums: Php1,700,250.66 as actual damages plus interest at the legal rate from the date of extrajudicial demand and satisfaction of judgment; The sum equivalent to 25% of the total amount due as and by way of attorney's fees, and; The cost of suits. SO ORDERED.