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JurisprudenceG.R. No. 166857 -

G.R. No. 166857 - D.M. WENCESLAO & ASSOCIATES, INC., VS. FREYSSINET PHILIPPINES, INC..D E C I S I O N - Supreme Court E-Library

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TL;DR — Ruling

WHEREFORE, in view of the above findings, judgment is hereby rendered in favor of the plaintiff and against the defendants ordering the latter to jointly and severally pay the plaintiff the sum of P322,413.15 with interest at 18% per annum from November 1989 until full payment and to pay the sum equivalent to 25% of the principal balance as litigation expenses and attorney's fees and to pay the cost of the suit. The counterclaim interposed by the defendants is hereby DISMISSED for lack of merit.

Decision

Ruling

WHEREFORE, in view of the above findings, judgment is hereby rendered in favor of the plaintiff and against the defendants ordering the latter to jointly and severally pay the plaintiff the sum of P322,413.15 with interest at 18% per annum from November 1989 until full payment and to pay the sum equivalent to 25% of the principal balance as litigation expenses and attorney's fees and to pay the cost of the suit. The counterclaim interposed by the defendants is hereby DISMISSED for lack of merit. SO ORDERED.