Cited Laws
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.
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.
BENIGNO M. PUNO, JOSE CABACABA, NORA GONZALES, RICARDO CORTEZ, ELIZARDO PUNO, LARSEN TABBAR AND ANTONIO MIRABUENO, VS. THE COURT OF APPEALS, FORMER SPECIAL TWELFTH DIVISION, HON. BENJAMIN AG. VEGA, JUDGE, RTC OF MANILA, ATTY. RENAN V. SANTOS, AS LIQUIDATOR, CENTRAL BANK OF THE PHILIPPINES, PHILIPPIN
G.R. No. 132502
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