Professional Documents
Culture Documents
*
G.R. No. 138677. February 12, 2002.
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* THIRD DIVISION.
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VITUG, J.:
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1 Rollo, p. 114.
2 Rollo, pp. 117-118.
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3 Rollo, p. 39.
4 Rollo, pp. 55, 58.
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x x x xxx xxx
WHEREFORE, the decision sought to be reconsidered is hereby
MODIFIED. The defendants-appellants Tolomeo Ligutan and
Leonidas dela Llana are hereby ordered to pay the plaintiff-appellee
Security Bank and Trust Company the following:
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568
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569
VOL. 376, FEBRUARY 12, 2002 569
Ligutan vs. Court of Appeals
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570
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20 Rollo, p. 53.
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27
the substitution of a debtor or the subrogation of the
creditor. Extinctive novation does not necessarily imply
that the new agreement should be complete by itself;
certain terms and conditions may be carried, expressly or
by implication, over to the new obligation.
WHEREFORE, the petition is DENIED.
SO ORDERED.
Petition denied.
o0o
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573