G.R. No. 170633 - MCC INDUSTRIAL SALES CORPORATION, VS. SSANGYONG CORPORATION.DECISION - Supreme Court E-Library

Ruling

WHEREFORE, premises considered, Judgment is hereby rendered ordering defendants MCC Industrial Sales Corporation and Gregory Chan, to pay plaintiff, jointly and severally the following: 1) Actual damages of US$93,493.87 representing the outstanding principal claim plus interest at the rate of 6% per annum from March 30, 2001. 2) Attorney's fees in the sum of P50,000.00 plus P2,000.00 per counsel's appearance in court, the same being deemed just and equitable considering that by reason of defendants' breach of their obligation under the subject contract, plaintiff was constrained to litigate to enforce its rights and recover for the damages it sustained, and therefore had to engage the services of a lawyer. 3) Costs of suit. No award of exemplary damages for lack of sufficient basis. SO ORDERED.