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JurisprudenceG.R. No. 149695 -

G.R. No. 149695 - WILLY G. SIA, VS. PEOPLE OF THE PHILIPPINES. D E C I S I O N - Supreme Court E-Library

Cited Laws

RA 551RA 450RA 639RA 686RA 75RA 323RA 375RA 94RA 654,
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TL;DR — Ruling

WHEREFORE, judgment is hereby rendered in favor of the plaintiff as follows: (1) Ordering defendant WGS Construction Specialists to pay plaintiff: a) P179,920.00, representing accrued rentals; b) 3% of the above amount as penalty per month from January, 1983, up to May 17, 1983; c) P5,000.00 as and for attorney’s fees; d) P494,780.00, representing the actual value of the leased property not recovered, plus interest thereon at the legal rate computed from date hereof; e) The costs of suit.

Decision

Ruling

WHEREFORE, judgment is hereby rendered in favor of the plaintiff as follows: (1) Ordering defendant WGS Construction Specialists to pay plaintiff: a) P179,920.00, representing accrued rentals; b) 3% of the above amount as penalty per month from January, 1983, up to May 17, 1983; c) P5,000.00 as and for attorneys fees; d) P494,780.00, representing the actual value of the leased property not recovered, plus interest thereon at the legal rate computed from date hereof; e) The costs of suit. (2) The guaranty deposit of P216,250.00 made by said defendant shall be applied to the satisfaction of the aforementioned amounts. (3) Ordering defendants Willy G. Sia and Judy A. Sia, jointly and severally, to pay plaintiff the remaining unpaid balance of the judgment debt which defendant WGS Construction Specialists should fail to satisfy. SO ORDERED.