August 2011 - Philippine Supreme Court Resolutions
Philippine Supreme Court Resolutions
[G.R. No. 196754 : August 22, 2011]
SPS. ANTONIO S. QUINTANO AND IRENE B. QUINTANO V. MOLDEX LAND, INC.
G.R. No. 196754 (Sps. Antonio S. Quintano and Irene B. Quintano v. Moldex Land, Inc.).
RESOLUTION
After review of the records, the Court resolves to DENY the petition for failure to show that the Court of Appeals (CA) committed reversible error when it affirmed the RTC ruling that the agreements signed by the parties clearly stated that the amount received by petitioner was a loan and not his signing bonus. As there was no fraud or mistake and the terms were clear and unambiguous, the case did not fall under the exception of the parol evidence rule that the "written agreement failed to express the true intent and agreement of the parties thereto."
SO ORDERED.
Very truly yours,
(Sgd.) LUCITA ABJELINA-SORIANO
Division Clerk of Court