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Citibank, N.A. Vs. Rufino C. Jimenez, Sr

CITIBANK, N.A., Petitioner, versus RUFINO C. JIMENEZ, SR., Respondent.

G.R. No. 166878 | 2007-12-18

D E C I S I O N


PUNO, C.J.:

Before us is a petition for review of the decision dated September 14, 2004[1] of the Court of Appeals in CA-G.R. CV No. 58840 affirming with modification that of the Regional Trial Court (RTC) of Marikina City, Branch 273, dated December 29, 1997[2] in Civil Case No. 95-130-MK.[3] The RTC-Marikina City ordered petitioner to pay respondent $10,921.85 or its peso equivalent, representing the value of respondent's Foreign Currency Time Deposit and P20,000.00 as attorney's fees. The Court of Appeals deleted the award for attorney's fees.

The antecedent facts are:

In 1991, spouses Rufino C. Jimenez, Sr. and...