ROMEL P. ALMEDA, IN SUBSTITUTION OF THE LATE PONCIANO L. ALMEDA AND/OR ALMEDA, INC., VS. LEONOR A. CARIÑO, THE SURVIVING SPOUSE, AND HIS CHILDREN, NAMELY: ROSARIO C. SANTOS, REMEDIOS C. GALSIM, RAMON A. CARIÑO, REGINALDO A. CARIÑO, RANIEELA C. DIONELA AND RACHELLE C. SAMANIEGO, IN SUBSTITUTION OF TH

Ruling

WHEREFORE, premises considered, judgment is hereby rendered in favor of the plaintiff [Avelino G. Cariño] and against the defendants [Ponciano L. Almeda and Almeda, Inc.] as follows: Ordering the latter to pay the former jointly and severally the amount of P477,589.47 with a 12% rate of interest per annum as agreed upon from the date of demand on March [9] , 1983 until fully paid; Ordering the latter to pay the former jointly and severally the amount of P150,000.00 as nominal damages; and Ordering the latter to pay the former jointly and severally the amount of P15,000.00 as and for attorneys fees plus costs of this suit. Plaintiffs claim for moral and exemplary damages is hereby dismissed for want of merit. SO ORDERED.