TL;DR — Ruling
WHEREFORE, all the foregoing duly considered, judgment is hereby rendered for the plaintiffs and against the defendants, ordering - l) The issuance of the Writ of Preliminary Injunction dated August 4, 1997 to be as it is hereby made permanent; 2) The annulment or cancellation of the extrajudicial foreclosure sale conducted by the defendant sheriff on May 20, 1996; 3) The defendants bank, Retirement Plan, and Manuel S.
WHEREFORE, all the foregoing duly considered, judgment is hereby rendered for the plaintiffs and against the defendants, ordering - l) The issuance of the Writ of Preliminary Injunction dated August 4, 1997 to be as it is hereby made permanent; 2) The annulment or cancellation of the extrajudicial foreclosure sale conducted by the defendant sheriff on May 20, 1996; 3) The defendants bank, Retirement Plan, and Manuel S. Estacion to pay, jointly and severally, the plaintiff spouses the sum of two million (P2M) pesos as moral damages, P500,000.00 as exemplary damages; and 4) The defendants bank, Retirement Plan, and Manuel S. Estacion to pay, jointly and severally, the plaintiff spouses the sum of P100,000.00 as attorney's fees, plus P2,000.00 for every appearance, and costs of litigation. SO ORDERED.
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