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JurisprudenceG.R. No. 124049 -

G.R. No. 124049 - RODOLFO P. VELASQUEZ, VS. COURT OF APPEALS, AND PHILIPPINE COMMERCIAL INTERNATIONAL BANK, INC.. D E C I S I O N - Supreme Court E-Library

Cited Laws

RA 594RA 967RA 702RA 684,RA 13RA 17RA 533
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TL;DR — Ruling

WHEREFORE , the petition is DENIED. The Decision of 28 September 1995 of the Court of Appeals affirming the 20 June 1990 judgment of the RTC- Br. 61, Makati City, ordering petitioner Rodolfo P. Velasquez and Mariano N.

Decision

Ruling

WHEREFORE , the petition is DENIED. The Decision of 28 September 1995 of the Court of Appeals affirming the 20 June 1990 judgment of the RTC- Br. 61, Makati City, ordering petitioner Rodolfo P. Velasquez and Mariano N. Canilao, Jr. to solidarily pay respondent Philippine Commercial and Industrial Bank (PCIB) the amount of P7,227,624.48 with annual interest of 17% and attorney's fees of P700,000.00 plus costs of suit as well as its Resolution of 19 February 1995 denying reconsideration, is AFFIRMED. SO ORDERED.