Cited Laws
TL;DR — Ruling
WHEREFORE, premises considered, the decision appealed from is hereby REVERSED and a new one entered. Ordering defendant-appellee Consolidated Bank and Trust Corporation to pay plaintiff-appellant the sum of Three Hundred Thousand Pesos (P300,000.00), with interest thereon at the rate of 12% per annum from the date of filing of the complaint until paid, the sum of P20,000.00 as exemplary damages, and P20,000.
WHEREFORE, premises considered, the decision appealed from is hereby REVERSED and a new one entered. Ordering defendant-appellee Consolidated Bank and Trust Corporation to pay plaintiff-appellant the sum of Three Hundred Thousand Pesos (P300,000.00), with interest thereon at the rate of 12% per annum from the date of filing of the complaint until paid, the sum of P20,000.00 as exemplary damages, and P20,000.00 as attorney's fees and expenses of litigation as well as the cost of suit; and Ordering the dismissal of defendant-appellee's counterclaim in the amount of P30,000.00 as attorney's fees. SO ORDERED.
G.R. No. 108630 - PHILIPPINE NATIONAL BANK, VS. COURT OF APPEALS AND LORETO TAN.
G.R. No. 108630 -
CaseG.R. No. 179105 - METROPOLITAN BANK AND TRUST COMPANY, VS. LARRY MARI×AS.D E C I S I O N - Supreme Court E-Library
G.R. No. 179105 -
CaseG.R. No. 188363 - ALLIED BANKING CORPORATION, VS. BANK OF THE PHILIPPINE ISLANDS.D E C I S I O N - Supreme Court E-Library
G.R. No. 188363 -