November 2011 - Philippine Supreme Court Resolutions
Philippine Supreme Court Resolutions
[G.R. No. 195966 : November 14, 2011]
ATTY. ROSELLER "JACK" MAALAT v. HONORABLE COURT OR APPEALS [18TH DIVISION], CEBU CITY, LORETO VALENZUELA, AND JESSIE CERVANTES, ET AL.
G.R. No. 195966 (Atty. Roseller "Jack" Maalat v. Honorable Court or Appeals [18th Division], Cebu City, Loreto Valenzuela, and Jessie Cervantes, et al.). - The Court resolves to NOTE the Compromise Agreement dated September 19, 2011, which was jointly filed by the parties.
The parties prayed that such be approved and that a judgment be rendered thereon, under the following terms and conditions:
- Petitioner agrees to pay the 107 private respondents through their counsel and authorized representative the total sums of THREE HUNDRED SIXTY THOUSAND PESOS (P360,000.00) representing their total claims after all the Private Respondents have signed this COMPROMISE AGREEMENT;
- That the herein private respondents with the assistance of their counsel and authorized representative, voluntarily accept and agree to receive the amount of THREE HUNDRED SIXTY THOUSAND PESOS (P360,000.00) as a fair and reasonable compromise of the above-entitled case;
- That the petitioner or his successor-in-interest shall thereafter be absolutely free from any and all claims and liabilities arising from the above-entitled case;
- That the herein private respondents with the assistance of their counsel and authorized representative voluntarily accept and agree to pay the amount of SIXTY THOUSAND PESOS (P60,000.00) in favor of the petitioner as the former's accounts or cash loans from the latter;
- That the herein private respondents declared that any and all claims contained in this case are fully satisfied and paid for by the petitioner and thus, the latter is totally and absolutely free from any and all claims and liabilities arising from the above-entitled case;
- That both petitioner and private respondents agree to dismiss the above-entitled case with prejudice by virtue of this COMPROMISE AGREEMENT; and
- That the aforesaid COMPROMISE AGREEMENT shall be a valid resolution of the above-entitled case. cralaw
WHEREFORE, it appearing that Compromise Agreement is not contrary to law, morals, good customs, public policy and public order, the same is hereby APPROVED and ADOPTED as the decision of this Court.
The parties are hereby ordered to faithfully comply with the terms and conditions of said agreement.
The case is considered CLOSED and TERMINATED. No costs.
SO ORDERED.
Very truly yours,
(Sgd.) LUCITA ABJELINA-SORIANO
Division Clerk of Court