Cited Laws
TL;DR — Ruling
WHEREFORE, in view of the foregoing, judgment is hereby rendered ordering the [petitioner] corporation to pay the [respondent] the following: P1,206,177.00, representing the principal amount, which is the purchase price of the materials and other supplies ordered by and delivered to [petitioner]; P244,288.59, representing the accrued interest as of August 31, 1999 plus xxx additional interest to be computed at the rate of 12% per annum until the total indebtedness is paid in full; P150,000.
Accordingly, petitioner filed its Answer with Counterclaim [10] denying liability for the claims and interposing the defense of lack of cause of action. [11] To prove her case, respondent presented the testimonies of (1) Artemio Tejero (Tejero), the salesman of Highett who confirmed the delivery of the supplies and materials to petitioner, and (2) Arvin Cheng, the General Manager of Highett. [12] The presentation of evidence for petitioner, however, was deemed waived and terminated due to the repeated non-appearance of petitioner and its counsel. [13] Ruling of the Regional Trial Court On December 1, 2000, the RTC rendered a Decision [14] in favor of respondent, to wit: WHEREFORE, in view of the foregoing, judgment is hereby rendered ordering the [petitioner] corporation to pay the [respondent] the following: P1,206,177.00, representing the principal amount, which is the purchase price of the materials and other supplies ordered by and delivered to [petitioner]; P244,288.59, representing the accrued interest as of August 31, 1999 plus xxx additional interest to be computed at the rate of 12% per annum until the total indebtedness is paid in full; P150,000.00 for and as Attorneys fees; and Cost of suit. SO ORDERED.
G.R. NO. 136415 - VIRGILIO P. CEZAR, VS. HON. HELEN RICAFORT-BAUTISTA IN HER CAPACITY AS PRESIDING JUDGE OF RTC, BRANCH 260, CITY OF PARAÑAQUE AND SPECIFIED MATERIALS, CO..
G.R. NO. 136415 -
CaseG.R. No. 174219 - KLT FRUITS, INC., JOSEPH LAO TIAK BEN, MICHAEL LAO TIAN BEN, ARLENE LAO AND ROGELIO BUAN, VS. WSR FRUITS, INC. AND REGIONAL TRIAL COURT OF MANILA, BRANCH 20.D E C I S I O N - Supreme Court E-Library
G.R. No. 174219 -
CaseG.R. No. 151963 - AIR PHILIPPINES CORPORATION, VS. INTERNATIONAL BUSINESS AVIATION SERVICES PHILS., INC.. DECISION - Supreme Court E-Library
G.R. No. 151963 -