G.R. No. 217411* - PHILIPPINE BANK OF COMMUNICATIONS, VS. RIA DE GUZMAN RIVERA.D E C I S I O N - Supreme Court E-Library

Ruling

WHEREFORE , premises considered, and in the interest of substantial justice, the Court finds defendants Philippine Bank of Commerce (sic) and LK Fishing Corporation solidarily and jointly liable to plaintiff Ria De Guzman Rivera and are hereby directed to: Pay plaintiff the sum of [P]100,000.00 representing the face value of the check, plus interest of 6% per annum reckoned from the day the check was dishonored due to the stop payment order issued by LK Fishing Corporation. To pay plaintiff [P]100,000.00 [as] moral damages for the anguish, difficulties and failed expectations of plaintiff. To pay plaintiff [P]50,000.00 [as] exemplary damages for defendants' disregard of the public interest vested in the banking services. To pay attorney's fee of [P]30,000.00 plus appearances fee of [P]1,000.00 for every hearing actually attended by counsel. To pay [P]20,000.00 as cost of litigation. This Court finds no cause of action against defendant Alfredo Yap. SO ORDERED.