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Limitless Potentials, Inc. vs. Quilala [DECISION]

LIMITLESS POTENTIALS, INC., Petitioner, versus THE HON. REINATO G. QUILALA, in his capacity as Presiding Judge of the Regional Trial Court, Branch 57, City of Makati and The ROMAN CATHOLIC ARCHBISHOP OF MANILA, Respondents.

G.R. No. 157391 | 2005-07-15

D E C I S I O N
 
CALLEJO, SR., J.:
 
On October 20, 1987, the Roman Catholic Archbishop of Manila (RCAM), as lessor, and Limitless Potentials, Inc. (LPI), as lessee, executed a Contract of Lease for advertising purposes over certain areas, including Lot 28-B, in the property covered by TCT No. 328187[1] where the Our Lady of Guadalupe Minor Seminary Compound and the San Carlos Seminary Compound are located.

LPI bound and obliged itself to pay a monthly rental of P11,000.00, with a 10% increase every two years.  Due to a pending case between RCAM and Advertising Associates, LPI was unable to take possession of the...