Petitioner
Traders Royal Bank
Respondent
Hon. Court of Appeals
Citation
G.R. No. 114299
Court
Supreme Court
Division
First Division
Ponente
Kapunan, J.
Decided
March 9, 2000

Summary

This Supreme Court Resolution resolved a Motion for Partial Reconsideration in consolidated property dispute cases. The Capays and Ramon Gonzales sought clarification on damages awards and modification of property value payment. The Court clarified that previously awarded moral damages, exemplary damages, and attorney's fees remained valid as they were sustained by the Court of Appeals and unchallenged by Traders Royal Bank on appeal. The Court granted the request to pay the actual sale price of P47,730.00 with 12% annual interest instead of fair market value, applying Article 1400 of the Civil Code on obligations to return property value. The decision demonstrates the application of civil law principles regarding property restitution and damage awards in property disputes.

Statutes applied

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By the Intellegal Editorial Board · March 9, 2000

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