G.R. No. 180325 - O. VENTANILLA ENTERPRISES CORPORATION, VS. VELASCO, JR., (CHAIRPERSON) PERALTA, ABAD, MENDOZA, AND ADELINA S. TAN REYNANTE G. PRESIDING JUDGE,* AND SHERIFF VELASQUEZ.D E C I S I O N - Supreme Court E-Library

Ruling

WHEREFORE, judgment is hereby rendered in favor of the plaintiff Oscar Ventanilla Enterprises Corporation and against the defendants Alfredo S. Tan, Sr. and Adelina S. Tan, ordering the latter to: (1) surrender possession and complete control of the premises, Avelune and Capital Theaters, as well as the properties enumerated in the addendum to the lease contract dated 22 June 1992, to the plaintiff; (2) pay the plaintiff the sum of P4,297,004.84 plus interest thereon that may become due at the rate stipulated in the lease contract entered into by the parties on June 22, 1992; (3) pay the plaintiff the sum of P250,000.00 as exemplary damages to serve as deterrent for others who in the future may follow the bad example set by the herein defendants; (4) pay the plaintiff by way of liquidated damages as agreed upon in paragraph 23 of the lease contract the sum equivalent to 50% of the unpaid rentals; (5) declaring the deposit initially made as forfeited in favor of the plaintiff; [and] (6) pay the sum equivalent to 15% of the unpaid rentals by way of Attorney's fees, and to pay the costs of the suit. SO ORDERED.