G.R. No. 155524 - AL-AMANAH ISLAMIC INVESTMENT BANK OF THE PHILIPPINES (FORMERLY PHILIPPINE AMANAH BANK), VS. CELEBRITY TRAVEL AND TOURS, INCORPORATED.D E C I S I O N - Supreme Court E-Library

Ruling

WHEREFORE, it is respectfully prayed that judgment be rendered ordering defendants to pay jointly and severally to plaintiff: P5,969,428.88 plus interest thereon at the rate of twelve per cent (12%) a year counted from the date of first demand until the same is fully paid; P1,289,720.00 as aggregate consequential damages; P1,000,000.00 as exemplary damages; Five per cent (5%) of the aggregate amount due plaintiff plus P75,000.00 as attorneys fees; and Costs of suit. Plaintiff prays for such other reliefs as this Honorable Court may deem just and equitable in the premises. [10] The case was docketed as Civil Case No. 90-2270. The petitioner retained the services of a private counsel, Atty. Reynaldo A. Pineda. On June 14, 1994, the trial court rendered a Decision [11] in favor of the respondent, but only for the amount of P211,459.52. The decretal portion reads: The foregoing considered, judgment is rendered ordering defendant Amanah Bank to pay plaintiff the sum of P211,459.52. No interest is awarded since this defendant was willing to pay the same at the onset. No damages nor attorneys fees should be awarded since the parties gave cause to the filing of this case. SO ORDERED.