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JurisprudenceG.R. No. 125483 -

G.R. No. 125483 - LUDO AND LUYM CORPORATION, VS. COURT OF APPEALS, GABISAN SHIPPING LINES, INC. AND/OR ANSELMO OLASIMAN.D E C I S I O N - Supreme Court E-Library

Cited Laws

RA 334,RA 334RA 28,
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TL;DR — Ruling

WHEREFORE, premises considered, this court hereby renders judgment in favor of the plaintiff, ordering the defendants, jointly and severally, to pay the plaintiff the following: 1) Php 70,000.00 actual damages, plus interest at the rate of 12% per annum from the time the decision is received by defendants until fully paid; 2) Php 15,000.00 exemplary damages; 3) Php 15,000.00 attorney's fees; 4) Php 10,000.

Decision

Ruling

WHEREFORE, premises considered, this court hereby renders judgment in favor of the plaintiff, ordering the defendants, jointly and severally, to pay the plaintiff the following: 1) Php 70,000.00 actual damages, plus interest at the rate of 12% per annum from the time the decision is received by defendants until fully paid; 2) Php 15,000.00 exemplary damages; 3) Php 15,000.00 attorney's fees; 4) Php 10,000.00 litigation expenses. COSTS AGAINST THE DEFENDANTS. SO ORDERED.