Back to Search
JurisprudenceG.R. NO. 163915 -

G.R. NO. 163915 - ASIAN CONSTRUCTION AND DEVELOPMENT CORPORATION, VS. COMFAC CORPORATION.DECISION - Supreme Court E-Library

Cited Laws

RA 11,RA 38,RA 582,RA 492,RA 510,RA 649,
Share:

TL;DR — Ruling

Wherefore, in view of the foregoing, judgment is hereby rendered in favor of the plaintiff and against the defendant, ordering the latter to pay plaintiff as follows: the amount of P1,969,863. [50] as actual damages plus interest at fourteen percent (14%) per annum and penalty at twenty-five [percent] (25%) per annum from January 2, 1998, date of the final statement of account, until fully paid; the amount of P50,000.00 as attorney's fees; and costs and expenses of litigation. SO ORDERED.

Decision

Ruling

Wherefore, in view of the foregoing, judgment is hereby rendered in favor of the plaintiff and against the defendant, ordering the latter to pay plaintiff as follows: the amount of P1,969,863. [50] as actual damages plus interest at fourteen percent (14%) per annum and penalty at twenty-five [percent] (25%) per annum from January 2, 1998, date of the final statement of account, until fully paid; the amount of P50,000.00 as attorney's fees; and costs and expenses of litigation. SO ORDERED.