G.R. No. 174116 - EASTERN SHIPPING LINES, INC., VS. PRUDENTIAL GUARANTEE AND ASSURANCE, INC..D E C I S I O N - Supreme Court E-Library

Ruling

WHEREFORE, premises considered, judgment is hereby rendered in favor of the plaintiff and against the defendants Eastern Shipping Lines, Inc. and ATI, and said defendants are hereby ordered to pay jointly and solidarily plaintiff the following: 1) The claim of P1,047,298.34 with legal interest thereon of 6% per annum from the date of the filing of this complaint until the same is fully paid; 2) [Twenty-five (25%)] percent of the principal claim, as and for attorney's fees; 3) Plus costs of suit. Both the counterclaims and crossclaims are without legal basis. The counterclaims and crossclaims are based on the assumption that the other defendant is the one solely liable. However, inasmuch as the solidary liability of the defendants have been established, the counterclaims and crossclaims must be denied. Equal costs against Eastern Shipping Lines, Inc. and Asian Terminals, Inc. SO ORDERED.