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JurisprudenceG.R. No. 142381 -

G.R. No. 142381 - PHILIPPINE BLOOMING MILLS, INC., AND ALFREDO CHING, VS. COURT OF APPEALS AND TRADERS ROYAL BANK.D E C I S I O N - Supreme Court E-Library

Cited Laws

RA 482RA 260RA 565RA 87RA 738RA 78RA 9RA 428RA 408RA 788,RA 725RA 571RA 788
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TL;DR — Ruling

WHEREFORE, judgment is hereby rendered declaring defendant Alfredo Ching liable to plaintiff bank in the amount of P19,333,558.16 (NINETEEN MILLION THREE HUNDRED THIRTY THREE THOUSAND FIVE HUNDRED FIFTY EIGHT & 16/100) as of October 31, 1991, and to pay the legal interest thereon from such date until it is fully paid. To pay plaintiff 5% of the entire amount by way of attorney's fees. SO ORDERED.

Decision

Ruling

WHEREFORE, judgment is hereby rendered declaring defendant Alfredo Ching liable to plaintiff bank in the amount of P19,333,558.16 (NINETEEN MILLION THREE HUNDRED THIRTY THREE THOUSAND FIVE HUNDRED FIFTY EIGHT & 16/100) as of October 31, 1991, and to pay the legal interest thereon from such date until it is fully paid. To pay plaintiff 5% of the entire amount by way of attorney's fees. SO ORDERED.