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JurisprudenceG.R. No. 147758 -

G.R. No. 147758 - SPOUSES ARSENIO R. REYES AND NIEVES S. REYES, VS. COURT OF APPEALS AND PABLO V. REYES.D E C I S I O N - Supreme Court E-Library

Cited Laws

RA 483RA 356,RA 634RA 973,RA 85,RA 472,RA 1,RA 539RA 851RA 673
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TL;DR — Ruling

WHEREFORE, the assailed Decision of 14 July 2000 in CA-G.R. CV No. 51437 and the Resolution of 2 April 2001 of respondent Court of Appeals are MODIFIED.

Decision

Ruling

WHEREFORE, the assailed Decision of 14 July 2000 in CA-G.R. CV No. 51437 and the Resolution of 2 April 2001 of respondent Court of Appeals are MODIFIED. Petitioner-spouses Arsenio R. Reyes and Nieves S. Reyes are ordered to pay respondent Pablo V. Reyes P500,000.00 with interest at five percent (5%) per month from 15 July 1990, minus the P484,000.00 corresponding to the value of the pickup truck of P400,000.00 and the interest payments of P84,000.00 previously paid. No costs. SO ORDERED.