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SUPREMECOURTREPORTSANNOTATEDVOLUME493
444
FIRST DIVISION.
445
445
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Justices Eloy R. Bello, Jr. and Lucenito N. Tagle, concurring Rollo, pp.
3353.
2
Id., at p. 12.
Id., at p. 14.
448
448
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Id., at p. 15.
449
449
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COST
PRICE
DIFFERENCE INCOME
CLUSTER:
A1 3,200,000
A2
1,260,000 = 1,940,000 x 24 P
=
46,560,000.00
TWIN:
B1 2,500,000
B2
960,000 =
1,540,000 x 24 36,960,000.00
=
SINGLE:
_______________
7
Id., at p. 16.
Id.
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450
450
1,400,000 = 2,100,000 x 16
=
ROWTYPE TOWNHOMES:
D1
1,600,000
D2
700,000 =
33,600,000.00
900,000 x 24
=
21,600,000.00
P138,720,000.00
=
P231,200,000.00
Total Building
Expense(A2+B2+C2+D2)
= 92,480,000.00
P 69,360,000
Balance
= 70% =
161,840,000
x .03069
x 48 =
P238,409,740
EXPENSES:
P 69,360,000.00
238,409,740.00
P307,769,740.00
less:
A Building expenses
4,624,000.00
4,624,000.00
TOTAL EXPENSES
(A+B+C+D+E)
P 92,480,000.00
18,496,000.00
12,000,000.00
P132,224,000.00
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P307,769,740.00
less:
Total Expenses
132,224,000.00
P175,545,740.00
Id., at p. 23.
451
451
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Id., at p. 16.
11
Id., at p. 15.
12
Id., at p. 70.
13
Id., at p. 20.
14
Id., at p. 22.
452
452
aspect of the project had not yet been completed, and the
construction of the housing units had not yet made any
headway, based on the following facts, namely: (a) of the 50
housing units programmed for Phase I, only the following
types of houses appear on the site in these condition: (aa)
single detached, one completed and two units uncompleted
(bb) cluster houses, one unit nearing completion (cc)
duplex, two units completed and two units unfinished and
(dd) row houses, two units, completed (b) in Phase II
thereof, all that was done by the defendants was to grade
the area the units so far constructed had been the object of
numerous complaints by their owners/purchasers for poor
workmanship and the use of substandard materials in their
construction,
thus,
undermining
the
projects
marketability. Plaintiffs also alleged that defendants had,
without justifiable reason, completely disregarded
previously agreed accounting and auditing procedures,
checks and balances system installed for the mutual
protection of both parties, and the scheduled regular
meetings were seldom held to the detriment and
disadvantage of plaintiffs. They averred that they sent a
letter through counsel, demanding compliance of what was
agreed upon under the agreement but defendants refused
to heed said demand. After a succession of letters with still
no action from defendants, plaintiffs sent a letter on
October 22, 1997, a letter formally rescinding the JVA.
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Id., at p. 6.
453
453
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Id., at p. 6.
454
454
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Id., at p. 34.
18
Id., at p. 37.
19
Id., at p. 38.
20
March 3, 1998 March 17, 1998 March 31, 1998 April 15, 1998 April
29, 1998 May 14, 1998 May 28, 1998 June 11, 1998. Records, pp. 39, 55,
90, 104, 107, 110, 115 and 117, respectively.
455
455
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Records, p. 119.
22
Id., at p. 120.
23
Id., at p. 122.
24
Id., at p. 125.
25
Id., at p. 126.
26
Id., at p. 134.
27
Id., at p. 139.
28
Id., at p. 143.
29
Id., at p. 146.
30
Id., at p. 164.
31
Id., at p. 165.
32
456
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SO ORDERED.
Id., at p. 215.
457
457
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458
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DOCTRINE
IN
MINDANAO
PORTLAND
CEMENT
CORPORATION
V.
MCDONOUGH
CONSTRUCTION
COMPANY OF FLORIDA (19 SCRA 814815).
II
THE TRIAL COURT ERRED IN ISSUING A WRIT OF
EXECUTION PENDING APPEAL EVEN IN THE ABSENCE OF
GOOD AND COMPELLING REASONS TO JUSTIFY SAID
ISSUANCE,
AND
DESPITE
PRIMELINKS
STRONG
OPPOSITION THERETO.
III
THE TRIAL COURT ERRED IN REFUSING TO DECIDE
PRIMELINKS MOTION TO QUASH THE WRIT OF
EXECUTION PENDING APPEAL AND THE MOTION FOR
RECONSIDERATION, ALTHOUGH THE COURT HAS
RETAINED ITS JURISDICTION TO RULE ON ALL
QUESTIONS RELATED TO EXECUTION.
_______________
35
36
37
38
Id., at p. 236.
459
459
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460
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Rollo, p. 53.
41
G.R. Nos. 75875, 75951 and 7597576, December 15, 1989, 180 SCRA
130, 147.
42
Rollo, p. 55.
43
44
Id., at p. 14.
461
461
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462
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Id., at p. 26.
47
48
463
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466
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Eugenio v. Velez, G.R. No. 85140, May 17, 1990, 185 SCRA 425, 432
433.
51
Arroyo, Jr. v. Taduran, G.R. No. 147012, January 29, 2004, 421
467
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54
55
56
468
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Sy v. Court of Appeals, 372 Phil. 207, 299 313 SCRA 328, 347 (1999).
58
Ortega v. Court of Appeals, 315 Phil. 573, 581582 245 SCRA 529,
536537 (1995).
469
469
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caused
the
dissolution
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471
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denied,
assailed
decision
and
resolution
472
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