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Investor Finance Corp. Vs. Court Of Appeals, Et Al.

INVESTOR FINANCE CORPORATION, petitioner, vs. COURT OF APPEALS, RICHMANN TRACTORS, INC., RICARDO B. PAJARILLAGA, ELLA P. PAJARILLAGA, JOHN DOE, RICHARD DOE and PETER DOE, respondents. Agcaoili & Associates for petitioner. Felipe B. Pagkanlungan for private respondents.

G.R. No. 91334 | 1991-02-07

D E C I S I O N


GRIá'O-AQUINO, J.:

This is a case where a financing company that sued to collect its credit of some P1 million was, instead, ordered to pay its debtor approximately P5 million as actual, moral, and exemplary damages and attorney's fees. The case involves a judgment by compromise which was rendered on July 12, 1978 by the Court of First Instance, Branch XXI, in Pasig, Rizal, in Civil Case No. 29671, "Investors' Finance Corporation vs. Richmann Tractors, et al.," but which the Court of First Instance, Branch V, in Quezon City, in a decision dated March 26, 1986, in Civil Case No. Q-26754, "Richmann Tractors, Inc., et al....