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JurisprudenceG.R. No. 173181 -

G.R. No. 173181 - HUTAMA-RSEA/SUPERMAX PHILS., J.V., VS. KCD BUILDERS CORPORATION, REPRESENTED BY ITS PRESIDENT CELSO C. DIOKNO.D E C I S I O N - Supreme Court E-Library

Cited Laws

RA 170RA 137RA 325RA 465
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TL;DR — Ruling

WHEREFORE, in view of the foregoing premises, judgment is rendered in favor of the plaintiff [KCD] as against the defendant[s Hutama and Yang], ordering the defendants to: 1.) Pay the plaintiff [KCD] the amount of P2,967,164.71 representing the defendants [Hutama and Yang's] total indebtedness in favor of the plaintiff [KCD] with interest of 12% per annum from October 11, 2001, until the same has been fully paid; 2.) Pay the plaintiff [KCD] 5% of the total amount awarded plus P30,000.

Decision

Ruling

WHEREFORE, in view of the foregoing premises, judgment is rendered in favor of the plaintiff [KCD] as against the defendant[s Hutama and Yang], ordering the defendants to: 1.) Pay the plaintiff [KCD] the amount of P2,967,164.71 representing the defendants [Hutama and Yang's] total indebtedness in favor of the plaintiff [KCD] with interest of 12% per annum from October 11, 2001, until the same has been fully paid; 2.) Pay the plaintiff [KCD] 5% of the total amount awarded plus P30,000.00 acceptance fees and P3,000.00 appearance fees as and by way of attorney's fees; and 3.) Costs of the suit. SO ORDERED.