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Overseas Bank of Manila vs. Court of Appeals, et al.

THE OVERSEAS BANK OF MANILA, petitioner, vs. THE HONORABLE COURT OF APPEALS and JULIAN R. CORDERO, respondents.

G.R. No. L-56047 | 1982-04-27

D E C I S I O N


BARREDO, J.:

Petition for review of the decision of the Court of Appeals in its CA-G.R. No. 51339-R, Julian R. Cordero, plaintiff-appellee vs. The Overseas Bank of Manila, defendant-appellant, which modified the judgment of the trial court but nevertheless sentenced herein petitioner thus:

"WHEREFORE, the judgment appealed from is hereby modified. Defendant-appellant The Overseas Bank of Manila is hereby ordered to pay the sum of P30,000.00 with 6% interest per annum from July 20, 1967 until fully paid. In all other respects, the judgment is affirmed.

"SO ORDERED." (P. 33, Record.)

The background facts hereof are...