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JurisprudenceG.R. No. 200676 -

G.R. No. 200676 - SPOUSES LUIS G. BATALLA AND SALVACION BATALLA, V. PRUDENTIAL BANK, NAGATOME AUTO PARTS, ALICIA RANTAEL, AND HONDA CARS SAN PABLO, INC..

Cited Laws

RA 37,
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TL;DR — Ruling

WHEREFORE , premises considered, judgment is hereby rendered in favor of defendants Prudential Bank, Honda Cars San Pablo, Inc., and Alicia Rantael, on the one hand and against the plaintiffs spouses Luis G. Batalla and Salvacion Batalla, on the other hand, as follows: The Complaint is hereby ordered DISMISSED for lack of cause of action; The plaintiffs are hereby ordered to pay the defendants as follows; To defendant Prudential Bank - Two Hundred Ninety Two Thousand Two Hundred Pesos (P292,200.

Decision

Ruling

WHEREFORE , premises considered, judgment is hereby rendered in favor of defendants Prudential Bank, Honda Cars San Pablo, Inc., and Alicia Rantael, on the one hand and against the plaintiffs spouses Luis G. Batalla and Salvacion Batalla, on the other hand, as follows: The Complaint is hereby ordered DISMISSED for lack of cause of action; The plaintiffs are hereby ordered to pay the defendants as follows; To defendant Prudential Bank - Two Hundred Ninety Two Thousand Two Hundred Pesos (P292,200.00), Philippine currency, plus 30% interest per annum from April 23 1998 until fully paid; To defendant Honda Cars San Pablo, Inc., - One Hundred Seventy Five Thousand Five Hundred Pesos (P175,500.00), Philippine currency, for attorney's fees and travelling expenses of counsel; To defendant Alicia Rantael - Twenty Five Thousand Pesos (P25,000.00), Philippine currency, for attorney's fees. The cross-claim of defendant Prudential Bank against defendant Honda Cars San Pablo, Inc., is ordered DISMISSED for being moot and academic. SO ORDERED.