G.R. NO. 136202 - BANK OF THE PHILIPPINE ISLANDS, VS. COURT OF APPEALS, ANNABELLE A. SALAZAR, AND JULIO R. TEMPLONUEVO.

Ruling

WHEREFORE, premises considered, judgment is hereby rendered in favor of the plaintiff [private respondent Salazar] and against the defendant [petitioner BPI] and ordering the latter to pay as follows: The amount of P267,707.70 with 12% interest thereon from September 16, 1991 until the said amount is fully paid; The amount of P30,000.00 as and for actual damages; The amount of P50,000.00 as and for moral damages; The amount of P50,000.00 as and for exemplary damages; The amount of P30,000.00 as and for attorneys fees; and Costs of suit. The counterclaim is hereby ordered DISMISSED for lack of factual basis. The third-party complaint [filed by petitioner] is hereby likewise ordered DISMISSED for lack of merit. Third-party defendants [i.e., private respondent Templonuevos] counterclaim is hereby likewise DISMISSED for lack of factual basis. SO ORDERED.