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  • 8/13/2019 Last 3 Cases

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    G.R. No. L-42449 July 5, 1989C & C COMMERCIAL CORPORATION and CLARA REYES PASTOR and otherSTOCKHOLDERS OF C & C COMMERCIAL CORPORATION similarlsit!ated" #etitioners" $s% PHILIPPINE NATIONAL ANK" NATIONALIN'ESTMENT DE'ELOPMENT CORPORATION" PRO'INCIAL SHERIFF OFRI(AL" CITY SHERIFF OF MANILA and THE HON% )*D+E A*+*STO'ALENCIA" Presidin, )!d,e" -!e.on Cit ran/h 000I" Co!rt o1 Instan/eo1 Ri.al" res#ondents%CORTES, J.:

    between Febu!y 2", 195" !n# $e%e&be 2', 19(', C ) C Co&&e%*!lCo+o!t*on now beto Ce&ent /o#u%t /0*l. n%., 0ee*n!te eee# to !C//3 o+ene# een lette o %e#*t w*t0 t0e e+on#ent /0*l*++*ne N!t*on!l!n6 0ee*n!te eee# to ! /N3 to *&+ot &!%0*ne !n# e7u*+&ent o *t+l!nt. S*n%e +et*t*one obl*!t*on un#e t0e !*# lette o %e#*t tot!ll*n *e&*ll*on ou 0un#e# *ty-one t0ou!n# e*0t 0un#e# *ty-one +eo !n# e*0ty-t0ee %ent!o /5,451,851.83 ! o J!nu!y 1, 19(8 wee not +!*#, /N

    *nt*tute# on ;!%0 1, 19(8 ! %olle%t*on u*t w*t0 ! +!ye o +el*&*n!y!tt!%0&ent !!*nt C//, *&+le!#*n Cl!! Reye /!to ! +!ty #een#!nt *n0e %!+!%*ty ! ot*n Tut ee&ent w*t0 ! +!ye o !n !w!# o

    #!&!e *n t0e u& o !bout twenty-een &*ll*on +eo / 2" ;3 !lle*n, *nte!l*!, t0!t by e!on o t0e oly nel*ent o *n%o&+etent &!n!e&ent o

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    C// by +*!te e+on#ent, t0e %o+o!t*on uee# 0ue loe. n t0e!oe!*# %!e, w0*%0 w! #o%6ete# ! C**l C!e No. D-181"(, C// !lo ou0t! !n !n%*ll!y e&e#y t0e !++o*nt&ent o ! e%e*e.

    On Noe&be 2",19", t0e e+on#ent /N !n# N$C *le# t0e* !nwe to t0e%o&+l!*nt #eny*n t0e %0!e o &*&!n!e&ent !n# !lle*n t0!t C//*n#ebte#ne to /N 0!# e!%0e# !n !&ount o eleen &*ll*on *e 0un#e#t0*ty-e*0t t0ou!n# twenty-n*ne +eo !n# *Aty-t0ee %ent!o/11,58,'29.(3 ! o uut 1, 19" eA%lu#*n #!*ly *nteet, !n# to N$C,one &*ll*on two 0un#e# n*neteen t0ou!n# n*ne 0un#e# e*0ty-two +eo/l,219,982.''3 ! o +*l 15, 19" eA%lu#*n #!*ly *nteet.

    On J!nu!y 22,19"4, t0e lowe %out *ue# !n o#e !++o*nt*n !y!n* !!!! e%e*e. ut ube7uently t0e %out ! 7uo %onete# t0e one-&!ne%e*e0*+ o !!! *nto !

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    N$C oe%loe# t0e %0!ttel &ot!e eAe%ute# by C// on Se+te&be (, 19"1!n# *le# w*t0 t0e S0e* o t0e C*ty o ;!n*l! ! +et*t*on o t0e !u%t*on !le o ?!llt0e *n*0e# +o#u%t *n *nentoy lo%!te# !t t0e ;ORTGGOR C//3 +l!nt !t!*o N!+*n#!n, T!u*, R*!l . . .? TO =C= t0e lowe %out !nte# !te&+o!y et!*n*n o#e !!*nt.

    On J!nu!y 5, 19"(, C// &oe# o le!e to *le ! u++le&ent!l %o&+l!*nt w*t0! +!ye o t0e *u!n%e o ! w*t o +el*&*n!y *n

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    w0et0e t0e oe%loue !le +uu!nt to t0e $/ !*ne# &ot!e 0oul#+o%ee# ! o#ee# by t0e e+on#ent t*!l

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    /N t!n# * t0!t t0e %e#*t !++e!*n *n t0e e%o# o t0e &ot!o o !nyot0e oen&ent *n!n%*!l *nt*tut*on, w0et0e e%ue# o une%ue# &utne%e!*ly be *n%lu#e# ! lon ! t0ey !e el!te# to t0e &ot!e be*noe%loe#. T0* !u&ent &ut be e

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    e+!* on t0e C// +l!nt bu*l#*n 0!# not been eA+en#e# o u%0 *nten#e#+u+oe. lo, t0ey %0!llene t0e !#e7u!%y o %on*#e!t*on o t0e !##*t*on!l!#!n%e !llee#ly !nte# by N$C to C// o t0e +!y&ent o t0e !*oue*%e !!*le# o o ut*l*e# by N$CB/N w0*%0 +et*t*one %l!*& to be *%t*t*ou.

    T0u, !lt0ou0 *n*t*!lly, t0e *ue beoe t0e lowe %out w! l*&*te# to w0et0e+et*t*one 0ee*n !e ent*tle# to ! te&*n!t*on o t0e >ot*n Tut ee&ent,!##*t*on!l *ue %on%en*n t0e !l*#*ty o t0e N$C lo!n wee !*e# *n t0eu++le&ent!l %o&+l!*nt *le# beoe !*# %out ISee Rollo, +. 1"9, et e7. . n l*new*t0 t0e F*l*+*n! ;!ble ul*n, +en#*n #ete&*n!t*on by t0e lowe %out ot0ee *ue *nol*n t0e &*!++o+*!t*on !n#Bo &*&!n!e&ent o t0e+o%ee# o t0e N$C lo!n !n# t0e l!e *ue o !*lue o %on*#e!t*on, t0e!le !t +ubl*% !u%t*on o t0e oe%loe# %0!ttel 0oul# be en

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    Ch!a Tee Dee $s CAG.R No. 15"21;!y 2", 2''4

    F!%t: J.C *%o& $eelo+&ent Co+o!t*on * t0e owne o ! ubbe +l!nt!t*onw0o +l!nne# to le!e t0e* +l!nt!t*on. C0u! Tee $ee w*e o &!#o $ee3 * !bu*ne wo&!n #o*n bu*ne un#e t0e n!&e /*onee Ente+*e. lb!, t0e/e*#ent o *%o& 0!# ! &eet*n w*t0 &!#o to !llow C0u! to be !ble to le!et0e ubbe +l!nt!t*on. #!t o t0e le!e w! t0en ent to lb!. lb! !n# C0u!t0en *ne# t0e *n!l le!e %ont!%t. =e t0en tol# o&e o 0* e&+loyee t0!tt0e* e*%e wee no lone nee#e# +uu!nt to t0e le!e %ont!%t3!n# t0!t

    t0ey woul# be *en e+!!t*on +!y. &!#o t0en +!*# 2"'6 +eo to lb!. y*tue nun te& n %ont!%t

    $E/OST: n !##*t*on to t0e &ont0ly ent!l t*+ul!te# *n +!!!+0 o t0*%ont!%t, t0e SECON$ /RT u+on *n*n o t0* %ont!%t 0!ll #e+o*t to t0eFRST /RT !n !&ount e7u*!lent to ONE =N$RE$ T=RT-F>E T=OSN$/ESOS /15,'''.''3 /0*l*++*ne Cuen%y !n# on t0e *t #!y o Se+te&be ot0e !&e ye! !not0e !&ount e7u*!lent to ONE =N$RE$ T=RT-F>E

    T=OSN$ /ESOS /15,'''.''3 /0*l*++*ne Cuen%y, bot0 *nteet-ee w0*%0t0e l!tte 0!ll !++ly !!*nt ent!l o t0e l!t ye! o t0e le!e.3

    %et!*n !*n! o *%o& t0en ent lette to t0e* e&+loyee w*t0 t0e

    %o&+ut!t*on o t0e* e+!!t*on +!y. T0e e&+loyee o %oue *le# ! %!e o*lle!l #*&*!l !n# un!* l!bo +!%t*%e !!*nt t0e 2 %o&+!n*e. T0e l!bo!b*te t0en ole# t0e %!e *n !o o t0e e&+loyee !n# o#ee# /*onee !n#*%o& to +!y t0e e&+loyee o e+!!t*on +!y !n# b!%6w!e. e%!ue/*onee w! #!e# *nto l!bo #*+ute not o *t own &!6*n, *t wote *%o&,t0ou0 *t %ounel uet*n ! %oneen%e to ettle t0e l!bo %!e, ot0ew*e, *twoul# %on*#e t0e %ont!%t o le!e ! e%*n#e#. T0e %ounel o t0e C!*e#o0e* t0e to%60ol#e-owne o *%o&3, ent ! tele!+0*% note to &!#o#e&!n#*n +!y&ent o lon oe#ue ent!l. /*onee w! un!ble to +!y *t&ont0ly ent!l, *%o& *le# ! %**l %o&+l!*nt o u& o &oney, #!&!e !n#!ttoney ee !!*nt C0u! Tee $ee. T0e #een#!nt eAten#e# ! +eon!l lo!n

    o /',''' to L*ll*!n C!*e#o ! e*#en%e# by ! ou%0e !n# ! +eon!l e%e*+t*ne# by ;!. Ce%*l*! !n# El!*ne, bot0 un!&e# C!*e#o.3M *n %!e l!nt!nun*n n* &!!&.

    C0u! Tee $ee Content*on: S0e !et t0!t t0e u+en*on o t0e +!y&ent oent!l *

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    ue: 0et0e o not t0ee w! ! be!%0 o t0e le!e %ont!%t.=el#: n t0e %!e !t b!, +et*t*one C0u! * t0e leee o t0e +*!te e+on#ent*%o&. leo, t0e *%o& 0!# t0e #uty to &!*nt!*n t0e +et*t*one *n t0e+e!%eul !n# !#e7u!teen

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    General obligations of a lessorTa,2ilaran Inte,rated Settlers Asso/iation 3TISA4 In/or#orated $s% Co!rto1 A##eals 3CA4" Ta,2ilaran 5omen6s Cl!2 3T5C4G.R. no. 1485(2Noe&be 25, 2''4/onente: C!+*o-;o!le, J.

    F!%t: n 198(-198", e+on#ent, ! owne !n# leo, entee# *nto ! %ont!%t ole!e o one ye! w*t0 +et*t*one, ! leee. $e+*te t0e %ont!%t not be*nenewe#, +et*t*one e&!*ne# *n t0e ente# +e&*e, !n# %ont*nue# to +!y t0eent w0*le e+on#ent %ont*nue# %olle%t*n &ont0ly ent!l o& t0e&. =owee,*n 199', t0e e+on#ent #e&!n#e# t0e o&e to !%!te t0e ente# +e&*e.

    not0e lette o #e&!n# w! ent *n t0e !&e ye! w! ent to +et*t*one w0oeue# to !%!te t0e ente# +e&*e.

    n 199, e+on#ent entee# *nto ! le!e %ont!%t w*t0 one L!&bet L*&./et*t*one neet0ele eue# to !%!te t0e ente# +e&*e, %onten#*n t0!tt0e %ont!%t o le!e between L*& !n# e+on#ent * null !n# o*# be%!ue t0el!tte *&+l*e#ly eAten#e# to t0e& new %ont!%t o le!e w0en *t %ont*nue#%olle%t*n &ont0ly ent!l o& t0e&.

    /et*t*one t0en *le# ! +et*t*on !!*nt e+on#ent !n# L*& o +o0*b*t*on,!nnul&ent o %ont!%t o le!e, !n# #!&!e. T0ey !llee t0!t e+on#ent*ol!te# *t obl*!t*on ! ! leo un#e t*%le 1(54 3 o t0e New C**l Co#e

    NCC3, w0*%0 t!te t0!t t0e leo * obl*e# to &!*nt!*n t0e leee *n t0e+e!%eul !n# !#e7u!te en

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    ! obl*!t*on to +et*t*one, w0oe o%%u+!t*on o t0e +e&*e 0! t0u be%o&eunl!wul. $e%**on o t*!l %out !n# C !*&e#.