Cited Laws
TL;DR — Ruling
WHEREFORE, the decision of the Court of Appeals is AFFIRMED with the MODIFICATION as to the award of damages as above stated. SO ORDERED.
Accordingly, the award of moral damages must be reduced to P50,000.00. Likewise, the award of P50,000.00 as exemplary damages, although justified under Art. 2232 of the Civil Code, is excessive and should be reduced to P30,000.00. The award of P30,000.00 attorneys fees based on Art. 2208, pars. 1, 2, 5 and 11 of the Civil Code should similarly be reduced to P20,000.00. WHEREFORE, the decision of the Court of Appeals is AFFIRMED with the MODIFICATION as to the award of damages as above stated. SO ORDERED.
G.R. No. 171373 - LLOYD'S ENTERPRISES AND CREDIT CORPORATION, VS. SPS. FERDINAND AND PERSEVERANDA DOLLETON.D E C I S I O N - Supreme Court E-Library
G.R. No. 171373 -
CaseG.R. No. 112160 - OSMUNDO S. CANLAS AND ANGELINA CANLAS, VS. COURT OF APPEALS, ASIAN SAVINGS BANK, MAXIMO C. CONTRERAS AND VICENTE MAÑOSCA.D E C I S I O N - Supreme Court E-Library
G.R. No. 112160 -
CaseG.R. No. 157314 - FAR EAST BANK AND TRUST COMPANY, NOW BANK OF THE PHILIPPINE ISLANDS, VS. THEMISTOCLES PACILAN, JR..D E C I S I O N - Supreme Court E-Library
G.R. No. 157314 -