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Urban Bank vs. Magdaleno

URBAN BANK, INC, PETITIONER, VS. MAGDALENO M. PEÑA, RESPONDENT. [G. R. NO. 145822] DELFIN C. GONZALEZ, JR., BENJAMIN L. DE LEON, AND ERIC L. LEE, PETITIONERS, VS. MAGDALENO M. PEÑA, RESPONDENT. [G. R. NO. 162562] MAGDALENO M. PEÑA, VS. URBAN BANK, INC., TEODORO BORLONGAN, DELFIN C. GONZALEZ, JR., BENJAMIN L. DE LEON, P. SIERVO H. DIZON, ERIC L. LEE, BEN T. LIM, JR., CORAZON BEJASA, AND ARTURO MANUEL, JR., RESPONDENTS.

G.R. No. 145817 | 2011-10-19

D E C I S I O N
 
SERENO, J.:
 
These consolidated petitions began as a simple case for payment of services rendered and for reimbursement of costs. The case spun a web of suits and counter-suits because of:
 
(1) the size of the award for agent's fee rendered in favor of Atty. Magdaleno Peña (Peña) - PhP24,000,000 - rendered by the trial court;
 
(2) the controversial execution of the full judgment award of PhP28,500,000 (agent's fee plus reimbursement for costs and other damages) pending appeal; and
 
(3) the finding of solidary liability against Urban Bank, Inc., and several of its corporate...