G.R. NO. 163287 - ORION SECURITY CORPORATION, VS. KALFAM ENTERPRISES, INC..RESOLUTION - Supreme Court E-Library

Ruling

WHEREFORE, judgment is hereby rendered in favor of plaintiff Orion Security Corporation and against defendant Kalfam Enterprises, Inc., ordering said defendant to pay plaintiff the amounts as follows: a) FIVE HUNDRED THIRTEEN THOUSAND EIGHT HUNDRED THIRTY NINE PESOS AND TWENTY SIX CENTAVOS (P513,839.26), Philippine Currency, as the total amount of the balance due to the plaintiff, plus interest thereon at the rate of twelve percent (12%) per annum, computed from August 29, 1997, the date of the filing of this case until said obligation is fully paid; b) FIFTY ONE THOUSAND THREE HUNDRED EIGHTY THREE PESOS AND NINETY TWO CENTAVOS (P51,383.92), Philippine Currency, which is ten percent (10%) of the outstanding obligation, as attorney's fees; c) FIVE THOUSAND PESOS (P5,000.00), Philippine Currency, as litigation expenses; and THREE THOUSAND FIVE HUNDRED SIXTY THREE PESOS AND TWENTY FIVE CENTAVOS (P3,563.25) for the costs of suit. SO ORDERED.