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JurisprudenceG.R. No. 203194 -

G.R. No. 203194 - ASSET POOL A (SPV-AMC), INC., VS. SPOUSES BUENAFRIDO AND FELISA BERRIS.

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TL;DR — Ruling

WHEREFORE, in the light of the foregoing, judgment is hereby rendered in favor of plaintiff Asset Pool A (SPC-AMC), Inc. and against the defendant Spouses Buenafrido & Felisa Berris, ordering the latter to pay, jointly and severally the former, the following: 1) [P]17,422,072.51 plus the stipulated interests and other charges thereon to be computed from May 7, 1999 until the date the same is fully paid; 2) The amount equivalent to 1% of the total amount due as liquidated damages; 3) The amount e…

Decision

Ruling

WHEREFORE, in the light of the foregoing, judgment is hereby rendered in favor of plaintiff Asset Pool A (SPC-AMC), Inc. and against the defendant Spouses Buenafrido & Felisa Berris, ordering the latter to pay, jointly and severally the former, the following: 1) [P]17,422,072.51 plus the stipulated interests and other charges thereon to be computed from May 7, 1999 until the date the same is fully paid; 2) The amount equivalent to 1% of the total amount due as liquidated damages; 3) The amount equivalent to 25% of the total amount due as and for Attorney's fees; 4) [P]112,332.35 as litigation, other incidental expenses and costs of suit. SO ORDERED.