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JurisprudenceG.R. No. 128121 -

PHILIPPINE CREOSOTING CORPORATION, MONINA REALTY CORPORATION AND SPOUSES PETER C. NEPOMUCENO AND MONINA B. NEPOMUCENO, VS. COURT OF APPEALS AND PACWOOD, INC..

Cited Laws

RA 156,RA 289RA 1RA 122RA 670RA 656RA 596RA 762,RA 703
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TL;DR — Ruling

WHEREFORE , foregoing considered, the appealed decision and order are hereby REVERESED and SET ASIDE . A new one is rendered as follows: "1. Ordering defendants-appellees to pay plaintiff-appellant their unpaid obligation in the amount of P406,866.04 as of November 10, 1984 plus 12% interest per annum until fully paid.

Decision

Ruling

WHEREFORE , foregoing considered, the appealed decision and order are hereby REVERESED and SET ASIDE . A new one is rendered as follows: "1. Ordering defendants-appellees to pay plaintiff-appellant their unpaid obligation in the amount of P406,866.04 as of November 10, 1984 plus 12% interest per annum until fully paid. "2. Ordering plaintiff-appellant to pay defendants-appellees P10,000.00 attorney's fees. "3. No pronouncement as to cost. " SO ORDERED.