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Reliance Commodities, et al vs IAC, Marvin Paez, et al

RELIANCE COMMODITIES, INC. and THE PROVINCIAL SHERIFF OF NUEVA ECIJA, petitioners, vs. INTERMEDIATE APPELLATE COURT, MARVIN PAEZ and ROSA VALINO, respondents.

G.R. No. 7472 | 2000-05-31

D E C I S I O N

PARDO, J.:

The case before the Court is an appeal from a decision of the Intermediate Appellate Court, the dispositive portion of which reads:

"WHEREFORE, the decision appealed from is hereby set aside and another one entered, declaring both the "Deed of First Real Estate Mortgage" (Exhibit F) and the "Addendum to Operating Agreement" (Exhibit A) null and void, and ordering defendant Reliance Commodities, Inc. to pay the plaintiffs the amount of P20,000.00 for unrealized profits in the amount of P3,500.00 as attorney's fees. The restraining order issued in this case is hereby made permanent.
"Cost against the defendant...