Back

Universal Far East Corp. Vs.Court of Appeals, et al.

UNIVERSAL FAR EAST CORPORATION, petitioner, vs. COURT OF APPEALS and EMILIO CHING, respondents.

G.R. No. L-64931 | 1984-08-31

D E C I S I O N


AQUINO, J.:

This case is about an execution pending appeal under the Interim Rules and the Judiciary Reorganization Law. The lower court rendered a decision dated December 28, 1982, ordering Emilio Ching to pay Universal Far East Corporation P162,978.12 plus 14% interest per annum from November, 1977 and P10,000 as attorney's fees (p. 43, Rollo).

The corporation received a copy of the decision on January 14, 1983. Three days later, or on January 17, it filed a motion for execution pending appeal on the ground that Ching was insolvent and his appeal would be dilatory. It offered to post a bond.

The motion was served on...