- Petitioner
- Jesus Cuenco
- Respondent
- Talisay Tourist Sports Complex
- Citation
- G.R. No. 174154
- Court
- Supreme Court
- Division
- Third Division
- Ponente
- Nachura, J.
- Decided
- July 30, 2009
Summary
This case involves a lease deposit dispute between Jesus Cuenco and Talisay Tourist Sports Complex. Cuenco leased the complex for cockpit operations and provided a P500,000 deposit. After the lease expired on May 8, 1998, and a new lessee was awarded the contract, Cuenco demanded return of his deposit. The RTC initially ordered full return plus interest, but the CA reversed, finding Cuenco continued operations for two months beyond expiration. The Supreme Court partly granted Cuenco's petition, ordering return of the deposit minus two months' rental arrears, with 6% interest from October 1998 and 12% upon finality. Both parties' motions for reconsideration were denied, with the Court emphasizing that factual issues cannot be raised for the first time on appeal and that litigation must eventually end.