G.R. No. 222537 - COSAC, INC., VS. FILIPINO SOCIETY OF COMPOSERS, AUTHORS AND PUBLISHERS, INC..D E C I S I O N - Supreme Court E-Library

Ruling

WHEREFORE, judgment is rendered ordering the defendant (COSAC] to pay to the plaintiff [FILSCAP] the following sums of money, to wit: a) Php317,050.00 as damages for unpaid license fees/royalties and Php5,778.17 as damages for monitoring expenses, both with interest at the rate of six percent (6%) per annum reckoned from the date of the filing of the complaint, February 13, 2006, until the same is fully paid; and b) Php52,003.47 as reasonable attorney's fees and litigation expenses plus costs of suit. All other claims, including the counterclaims, are dismissed for lack of legal and/or factual basis. SO ORDERED.