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JurisprudenceG.R. No. 176664 -

G.R. No. 176664 - BANK OF THE PHILIPPINE ISLANDS, VS. SPOUSES REYNALDO AND VICTORIA ROYECA.D E C I S I O N - Supreme Court E-Library

Cited Laws

RA 557,RA 314,RA 293,RA 50,RA 649,
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TL;DR — Ruling

WHEREFORE, judgment is hereby rendered dismissing the complaint for lack of cause of action, and on the counterclaim, plaintiff is ordered to indemnify the defendants as follows: a) The sum of PhP30,000.00 as and by way of moral damages; b) The sum of PhP30,000.00 as and by way of exemplary damages; c) The sum of PhP20,000.00 as and by way of attorney's fees; and d) To pay the costs of the suit.

Decision

Ruling

WHEREFORE, judgment is hereby rendered dismissing the complaint for lack of cause of action, and on the counterclaim, plaintiff is ordered to indemnify the defendants as follows: a) The sum of PhP30,000.00 as and by way of moral damages; b) The sum of PhP30,000.00 as and by way of exemplary damages; c) The sum of PhP20,000.00 as and by way of attorney's fees; and d) To pay the costs of the suit. SO ORDERED.