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JurisprudenceG.R. No. 226731 -

G.R. No. 226731 - CELLPAGE INTERNATIONAL CORPORATION, VS. THE SOLID GUARANTY, INC..DECISION - Supreme Court E-Library

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TL;DR — Ruling

WHEREFORE, it appearing that the material allegations of the complaint had been established by clear, convincing and competent evidence, judgment is hereby rendered in favor of the plaintiff and against the defendants, ordering the latter to pay the former jointly and solidarily, the following amounts: 1) Seven Million Two Thousand Six Hundred Pesos (P7,002,66.

Decision

Ruling

WHEREFORE, it appearing that the material allegations of the complaint had been established by clear, convincing and competent evidence, judgment is hereby rendered in favor of the plaintiff and against the defendants, ordering the latter to pay the former jointly and solidarily, the following amounts: 1) Seven Million Two Thousand Six Hundred Pesos (P7,002,66.00) ( sic ) plus twelve percent (12%) interest per annum computed from the date of last demand until fully paid; 2) Twenty Thousand Pesos (P20,000.00) as exemplary damages; 3) Twenty Thousand Pesos (P20,000.00) as reasonable attorney's fees; and 4) Costs of Suit. SO ORDERED.