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SUPREME COURT REPORTS ANNOTATED VOLUME 732 7/30/17, 2:42 AM
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* THIRD DIVISION.
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MENDOZA, J.:
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SUPREME COURT REPORTS ANNOTATED VOLUME 732 7/30/17, 2:42 AM
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Summary of Awards:
Wherefore, judgment is hereby rendered and the AWARD of
monetary claims is made as follows:
CLAIMANT:
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[1] Penned by Associate Justice Franchito N. Diamante with Associate
Justices Mariflor Punzalan Castillo and Marlene Gonzales-Sison, concurring;
Rollo, pp. 58-70.
[2] Id., at pp. 99-100.
[3] Id., at pp. 251-271.
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[4] Id., at pp. 270-271.
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[5] Id., at pp. 481-482.
[6] Id., at pp. 484-508.
[7] Id., at pp. 509-535.
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balance of the contract price plus the ten percent retention, from
which the liquidated damages, must, of course, be deducted. Thus,
in sum, as amended, We hold that petitioner is still liable to
respondent Diesel in the amount of P2,515,173.64, with legal
interest until the same is fully paid.
The main opinion, in all other respects, STANDS.
SO ORDERED.[8]
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SUPREME COURT REPORTS ANNOTATED VOLUME 732 7/30/17, 2:42 AM
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[8] Id., at p. 544.
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[9] Id., at pp. 714-715.
[10] Id., at pp. 717-741.
[11] Id., at pp. 743-758.
[12] Id., at pp. 759-760.
[13] Id., at pp. 791-800.
[14] Penned by Associate Justice Martin S. Villarama, Jr., (now
member of the Court), with Associate Justices Jose C. Reyes, Jr. and
Normandie B. Pizarro, concurring. Id., at pp. 827-841.
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ruling that:
Hence, the issue of legal interest was never raised, nor quibbled
about by the petitioner, making it final and binding regardless of
what the principal award may turn out to be.
An incisive scrutiny of the portion of the Supreme Courts
Decision stating that, [The] award to Diesel for the unpaid balance
of the contract price of Php3,661,692.64 is AFFIRMED. only goes
to show that such amount represents the balance of the contract
price plus the ten percent retention, from which the liquidated
damages must be deducted; the difference or the net amount of
which bears legal interest until fully paid as awarded by this Court.
Hence, the confirmation by the Supreme Court that the final award
should indeed be P3,661,692.64 addressed the question as to what
should be the unpaid balance due to the private respondent.
Logically, whatever the amount is awarded necessarily bears the
legal interest as awarded previously by this Court.
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[15] Id., at pp. 47-55.
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[16] Id., at pp. 67-68.
[17] Id., at p. 69.
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[18] Id., at p. 1011.
[19] Id., at pp. 892-919.
[20] Id., at pp. 1082-1095.
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[21] Id., at p. 1028.
[22] Teodoro III v. Atty. Gonzales, A.C. No. 6760, January 30, 2013, 689
SCRA 484.
[23] Penned by Associate Justice Mario V. Lopez, with Associate
Justices Jose C. Reyes, Jr. and Socorro B. Inting, concurring; Rollo, pp.
1097-1104.
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[24] University of the Philippines v. Dizon, G.R. No. 171182,
August 23, 2012, 679 SCRA 54, 84.
[25] Bani Rural Bank, Inc. v. De Guzman, G.R. No. 170904, November
13, 2013, 709 SCRA 330.
[26] Rollo, pp. 1013-1014.
[27] Id., at p. 1018.
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[28] Id., at pp. 1017-1022.
[29] Id., at p. 1093.
[30] Id.
[31] Raymundo v. Galen Realty and Mining Corporation, G.R. No.
191594, October 16, 2013, 707 SCRA 515, citing Pastor, Jr., et al. v. CA, et
al., 207 Phil. 758, 767; 122 SCRA 885, 896 (1983).
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[32] Rollo, p. 69.
[33] Id., at p. 68.
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sion has attained finality and immutability. Thus, even if there had
been any error on the matter (on which this Arbitral Tribunal does
not concede), it is much too late in the day to make the
corresponding adjustments thereon.[34]
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[34] Id., at p. 53.
[35] G.R. No. 189871, August 13, 2013, 703 SCRA 439.
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mand under and subject to the provisions of Article 1169 of the Civil
Code.
When an obligation, not constituting a loan or forbearance of
money, is breached, an interest on the amount of damages awarded
may be imposed at the discretion of the court at the rate of 6% per
annum. No interest, however, shall be adjudged on unliquidated
claims or damages, except when or until the demand can be
established with reasonable certainty. Accordingly, where the
demand is established with reasonable certainty, the interest shall
begin to run from the time the claim is made judicially or
extrajudicially (Art. 1169, Civil Code), but when such certainty
cannot be so reasonably established at the time the demand is
made, the interest shall begin to run only from the date the
judgment of the court is made (at which time the quantification of
damages may be deemed to have been reasonably ascertained). The
actual base for the computation of legal interest shall, in any case,
be on the amount finally adjudged.
When the judgment of the court awarding a sum of money
becomes final and executory, the rate of legal interest, whether the
case falls under paragraph 1 or paragraph 2, above, shall be 6% per
annum from such finality until its satisfaction, this interim period
being deemed to be by then an equivalent to a forbearance of credit.
And, in addition to the above, judgments that have hecome
final and executory prior to July 1, 2013, shall not be
disturbed and shall continue to be implemented applying the rate
of interest fixed therein.
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Petition denied.
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[36] Raymundo v. Galen Realty and Mining Corporation, G.R. No.
191594, October 16, 2013, 707 SCRA 515, citing Tumibay v. Soro, G.R.
No. 152016, April 13, 2010, 618 SCRA 169.
** Designated acting member in lieu of Associate Justice Martin S.
Villarama, Jr., no part, per Special Order No. 1691-O dated May 22,
2014.
*** Designated member per Raffle dated March 21, 2012, in lieu of
Associate Justice Presbitero J. Velasco, Jr., no part being a ponente in
related cases.
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