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JurisprudenceG.R. No. 167750 -

G.R. No. 167750 - BANK OF THE PHILIPPINE ISLANDS, VS. REYNALD R. SUAREZ. D E C I S I O N - Supreme Court E-Library

Cited Laws

RA 487,RA 360,RA 799,RA 517RA 596,RA 641,RA 59,RA 407,
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TL;DR — Ruling

WHEREFORE, judgment is hereby rendered ordering defendant bank to pay the following amounts: The amount of P57,200.00, with interest from date of first demand until full payment as actual damages; The sum of P3,000,000.00 by way of moral damages; The amount of P1,000,000.00 as and for exemplary damages; The sum of P1.

Decision

Ruling

WHEREFORE, judgment is hereby rendered ordering defendant bank to pay the following amounts: The amount of P57,200.00, with interest from date of first demand until full payment as actual damages; The sum of P3,000,000.00 by way of moral damages; The amount of P1,000,000.00 as and for exemplary damages; The sum of P1.00 as attorney's fees, and The costs of litigation. SO ORDERED.