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JurisprudenceG.R. No. 175378 -

G.R. No. 175378 - MULTI-INTERNATIONAL BUSINESS DATA SYSTEM, INC., VS. RUEL MARTINEZ.D E C I S I O N - Supreme Court E-Library

Cited Laws

RA 117RA 309,RA 656,RA 565,RA 378,RA 326RA 439,RA 205,RA 15,RA 1,
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TL;DR — Ruling

WHEREFORE, judgment i[s] hereby rendered in favor of plaintiff as against the defendant[ ] as follows: Ordering defendant to pay plaintiff the balance of his car loan in the amount of Four Hundred Eighteen Thousand Twelve and 78/100 Pesos ([P]418,012.78) plus interest at the rate of twelve percent (12%) [per annum] from [June 23,] 1999 until full payment; Ordering defendant Martinez to pay plaintiff the amount of Ten Thousand Pesos ([P]10,000.

Decision

Ruling

WHEREFORE, judgment i[s] hereby rendered in favor of plaintiff as against the defendant[ ] as follows: Ordering defendant to pay plaintiff the balance of his car loan in the amount of Four Hundred Eighteen Thousand Twelve and 78/100 Pesos ([P]418,012.78) plus interest at the rate of twelve percent (12%) [per annum] from [June 23,] 1999 until full payment; Ordering defendant Martinez to pay plaintiff the amount of Ten Thousand Pesos ([P]10,000.00), by way of exemplary damages; Ordering defendant to pay plaintiff the amount of Twenty Thousand Pesos ([P]20,000.00) by way of attorney's fees; Dismissing the counterclaims interposed by defendant; Ordering defendant to pay the costs of the suit. SO ORDERED.