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JurisprudenceG.R. No. 148435 -

G.R. No. 148435 - ROGELIO GUEVARRA AND EDGARDO BANTUGAN, VS. SPOUSES ENGRACIO AND CLAUDIA BAUTISTA, JESUS DANAO AND CECILIA LACSON. RESOLUTION - Supreme Court E-Library

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TL;DR — Ruling

WHEREFORE, in view of the foregoing, judgment is hereby rendered in favor of the plaintiffs and against defendants Rogelio Guevarra and Edgardo Bantugan. The defendants Guevarra and Bantugan are hereby ordered to pay the plaintiffs jointly and severally the amount of Two Hundred Thousand Pesos (P200,000.00) with interest at 18% per annum from the date it was borrowed on February 20, 1987 up to the time that the full amount shall have been paid.

Decision

Ruling

WHEREFORE, in view of the foregoing, judgment is hereby rendered in favor of the plaintiffs and against defendants Rogelio Guevarra and Edgardo Bantugan. The defendants Guevarra and Bantugan are hereby ordered to pay the plaintiffs jointly and severally the amount of Two Hundred Thousand Pesos (P200,000.00) with interest at 18% per annum from the date it was borrowed on February 20, 1987 up to the time that the full amount shall have been paid. To pay the said amount within a period of sixty (60) days from receipt of this decision; and To pay P15,000.00 as attorney's fees and P7,000.00 as litigation expenses. SO ORDERED.