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JurisprudenceG.R. No. 124050 -

G.R. No. 124050 - MAYER STEEL PIPE CORPORATION AND HONGKONG GOVERNMENT SUPPLIES DEPARTMENT, VS. COURT OF APPEALS, SOUTH SEA SURETY AND INSURANCE CO., INC. AND THE CHARTER INSURANCE CORPORATION.D E C I S I O N - Supreme Court E-Library

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RA 42RA 11RA 638
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TL;DR — Ruling

WHEREFORE, judgment is hereby rendered ordering the defendants jointly and severally, to pay the plaintiffs the following: 1. the sum equivalent in Philippine currency of HK$299,345.30 with legal rate of interest as of the filing of the complaint; 2. P100,000.

Decision

Ruling

WHEREFORE, judgment is hereby rendered ordering the defendants jointly and severally, to pay the plaintiffs the following: 1. the sum equivalent in Philippine currency of HK$299,345.30 with legal rate of interest as of the filing of the complaint; 2. P100,000.00 as and for attorney's fees; and 3. costs of suit. SO ORDERED.

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