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JurisprudenceG.R. No. 143273 -

G.R. No. 143273 - RISER AIRCONDITIONING SERVICES CORPORATION, REPRESENTED BY FERNANDO C. RAYMUNDO, VS. CONFIELD CONSTRUCTION DEVELOPMENT CORPORATION.D E C I S I O N - Supreme Court E-Library

Cited Laws

RA 483RA 239RA 399RA 461RA 422RA 629RA 555
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TL;DR — Ruling

WHEREFORE, in view of the foregoing consideration, judgment is hereby rendered in favor of the plaintiff and against the defendant, ordering the latter – To pay plaintiff the amount of P 2,740,140.32, representing the unpaid obligation by the defendant; To pay plaintiff interest at the legal rate on the amount of P 2,740,140.32 per annum which is P 438,422.45 from September 20, 1995; To pay plaintiff the amount of P 210,000.

Decision

Ruling

WHEREFORE, in view of the foregoing consideration, judgment is hereby rendered in favor of the plaintiff and against the defendant, ordering the latter To pay plaintiff the amount of P 2,740,140.32, representing the unpaid obligation by the defendant; To pay plaintiff interest at the legal rate on the amount of P 2,740,140.32 per annum which is P 438,422.45 from September 20, 1995; To pay plaintiff the amount of P 210,000.00 as actual damages; To pay plaintiff 10% on the total amount of P 3,388,562.77 which is P 338,856.22 as and by way of attorneys fees; and To pay plaintiff the amount of P 100,000.00 as exemplary damages. Plus costs of suit. The counterclaim is ordered dismissed for lack of merit. SO ORDERED.