Re publ i co ft hePhi l i ppi ne s REGI ONALTRI ALCOU OURT Na t i ona lCa pi t a lJ udi c i a lRe gi on Br anc h____ , QuezonCi t y
De f e ndant .
MARVI N MANI NI CAP
Pl ai nt i ff, ve r s us CI VI LCASENO NO. _ _ _ _ _ For : Col l e c t i on of a Sum of Mone y
DAVI D AZURI N
X--------------------------X
COM OMPLAI NT
PLAI NTI FF ,t hr ut heunde r s i gne dCouns e l ,r e s pe c t f ul l ya l l e g e st ha t :
I .
1.
ThePa r t i e s
PLAI NTI FFi sofl egalage,Fi l i pi no,s i ngl e, andwi t hr es i denceat#140Chi
Bui l di ng ,TheRe dwo ods ,F a i r vi e w,Que z o nCi t y ;
2.
DEFENDANTi sl i kewi s eofl egal age, Fi l i pi no, s i ngl eandwi t hr es i denc e
a t#1 4 3ChiBui l di ng ,TheRe dwo ods ,F a i r vi e w,Que z o nCi t y , whe r ehec o ul db es e r v e d wi t hs ummonsandot herpr oces s esoft heCour t .
I I .
3.
Ant e c e dentFa c t s
OnDec emb mber29, 2005 , DEFENDANTappr oa c he dPLAI NTI FFt obor r ow
Fi v eMi l l i onPe s o s( Php5 ,0 00 ,0 00 . 0 0)f ort hes e t t i ngupoft hede f e nda nt ’ st r uc ki ng bus i ne s sknowna s“T r uc k i ngBus i ne s sI nc . ”.
4.
Byr e as onofPLAI AI NTI FF’ sf r i e nds hi pt oDEFEND NDANT, PLAI AI NTI FF
agr ee dt ol endDEFENDANTt heamo mountofFi veMi Mi l l i onPes os( Php5, 000, 000. 00) .
1
5.
O J n anuar y1,2006, adul ynot ar i zedLoanAgr eementwasexe c ut ed
be t we e nPLAI NTI FFandDEFENDANTs t i pul at i ngt hatt heamountofFi veMi l l i on Pes os( Php5, 000, 000. 00)bepai dbyDEFENDANTt oPLAI NTI FFwi t hi nfive( 5)yea r s dueonDec ember31, 201 2 a ndi ss ubj e c tt oa ni nt e r e s tr a t eofs e v e npe r c e nt( 7 %)pe r annum, aphot ocopyofwhi c hi sat t ac hedher et oasAnnex“ A”.
6.
I nc onf or manc et ot heLoanAgre ement ,PLAI NTI FFdel i ver edapos t -
da t e dc he c ki nt hes um ofF i v eMi l l i onPe s o s( Php5 ,0 0 0,0 0 0. 0 0 )da t e d J anuar y2, 2006, apho t o c o pyofwhi c hi sa t t a c h e dhe r e t oa sAnne x“ B” .
7.
Par toft heLoanAgr e e me nti st heobl i ga t i onoft heDEFENDANT-
DEBTORt opayt hePLAI NTI FFCREDI TORt hea mountofTwoHundr e dSi xt ySe ve n Thous a ndF i v eHundr e dP e s o s( Php2 6 7 ,5 0 0 . 0 0 )a squa r t e r l yi ns t a l l me ntf o rfiv ey e a r s , i nc l us i v eoft hepr i nc i pa la mountoft hel oa na ndt hes e v e npe r c e nt( 7 %)i nt e r e s tpe r annum, i nt hef or m ofc as hf r om Mar c h200 6t oDe c e mber20 09 , a ndi nt hef or m ofpos t dat edc hec ksf r om Mar c h20 10t oDe c e mber20 12 .
8.
Pur s uantt ot heLoanAgr e e me nt ,PLAI NTI FFCREDI TORand
DEF ENDANT DEBTORa gr e e dt ha ti nc a s eo fde f a ul tf o rt heq ua r t e r l yi ns t a l l me n t s , DEFENDANTDEBTORi ss ubj ec tt oabel at edchar geofThi r t ee nThous andThr ee Hundr e dS e ve nt yFi v ePe s o s( Php1 3 ,3 7 5. 0 0 )r e pr e s e nt i ngt hefiv epe r c e nt( 5 %)i nt e r e s t oft hea mountofaqua r t e ri ns t a l l me nt .
9.
I nl i newi t ht he“Se c ur i t yCl aus e”oft heLoanAgr ee ment ,PLAI NTI FF-
CREDI TORandDEFENDANTDEBTORagr e e dt hatadef aul ti npa yi ngt he i ns t a l l me nt sf orone( 1 )y e ar ,e nt i t l e st hePLAI NTI FFCREDI TORt oe nf or c et hes e c ur i t y i nt er es ti mpos edupont hehal foft hes t oc ksownedbyDEFENDANTCREDI TORi n “Tr uc k i ngBus i ne s s ,I nc . ”i na ddi t i o nt ot hebe l a t e dc h ar g e sofThi r t e e nTho us a n dThr e e Hundr e dS e v e nt yF i v ePe s o s( Php1 3 ,3 7 5 .0 0 ) .
2
8.
DEFENDANTDEBTORde f aul t edi npa yi ngt hequar t e r l yi ns t al l me nt sf or
t hey e a r2 0 0 6.
9.
Repe at e dor alde mandswe r emadef ort heDEFENDANTDEBTORt opa y
hi sobl i ga t i onsa ndt ode l i ve rt hes e c ur i t yi nt e r e s toft hel oa nbuthef a i l e dorha s r e f us e dt oc o mpl ywi t hhi so bl i ga t i ons .
10. Twoyear sf r om t hedat eoft hedel i ver yoft hepr i nc i palamountofFi ve Mi l l i o npe s o s( Php5 , 0 0 0 ,0 0 0 . 0 0 ) , DEFENDANT DEBTORs t i l lf a i l e do rh a sr e f us e dt o c o mpl ywi t hhi sobl i ga t i ons .
11 . Thus , onApr i l5, 20 08 ,PLAI NTI FF, t hr oughcouns e l ,s e ntDEFENDANTa fina lde ma ndl e t t e rr e q ui r i ngDEF ENDANT ,wi t hi nt e n( 1 0 )da y sf r o mr e c e i pto fs a i d fina lde ma ndl e t t e r ,t opa yhi so ut s t a ndi ngpa y a bl ewi t hi nt e r e s ta ndt oc o mpl ywi t h t hes e c u r i t yi nt e r e s t , pho t oc o pi e so fwhi c ha r ehe r e t oa t t a c he da sAnne x“ C”a ndma de a ni nt e gr a lpa r the r e of .
12. Thefinaldemandl et t erwasdul yr ec ei vedbydef endantass hownbya Ce r t i fic a t i onda t e dApr i l1 0, 2 00 8 i s s uedbyt heQuezonCi t yCent r alPos tOffic e, c opyof whi c hi she r e t oa t t a c h e da sAnne x“ D”a ndma dea ni nt e g r a lpa r the r e o f .
13 . DEFENDANTDEBTORhas , asoft hi sdat e ,de f aul t edi nt hepayme ntof anaggr egat eamountofTwoMi l l i onTwoHundr edFor t ySevenThous and( Php2, 247, 0 00 . 0 0)a ndi nc ompl yi ngwi t ht hes e c ur i t yi nt e r e s toft hel oa n.
14. Not wi t hs t andi ngPLAI NTI FF’ sr epea t edor alandwr i t t endemandsand ampl eoppor t uni t ygi venbyt hePLAI NTI FF,DEFENDANTf ai landr ef us et ohee dt o t hef or mer ’ sj us tandval i ddemands , l ea vi ngt hePLAI NTI FFCREDI TORnoot her r e c our s ebutt ol i t i ga t eandfil et hi sa c t i on.
3
15. Byr ea s onofDEFENDANT’ sunj us t i fiedac t saswel lasbadf ai t hand i nt e nt i ona lr e f us a lt opa yhi so v er dueobl i ga t i on, PLAI NTI FFi se nt i t l e dt ot hea wa r dof mor aldamagesi nt heamountofP5, 000. 00;
16 . Byr e as onofDEFENDANT’ svi ol at i onanddi s r e gar dofPLAI NTI FF’ s r i ght s , t hea wa r do fe x e mpl a r yda ma ge si nt hea mountofP5 ,0 0 0 . 0 0i sl i k e wi s ewa r r a nt t os e r v easade t e r r e ntt ot hec o mmi s s i onb yt hede f e nda nta ndt oo t he r ss i mi l a r l y mi nde dofs i mi l a ra c t si nt hef ut ur e .
PRAYER WHEREF ORE,PREMI SESCONSI DERED,i ti smos tr e s pe c t f ul l ypr a y edoft hi s
Ho no r a b l eCo ur tt ha t ,a f t e rd uehe a r i ng ,j udg me ntb er e nde r e da g a i ns tt hede f e nda nt or de r i ngt hel a t t e rt opa ya ndt ode l i ve rt ot hepl a i nt i ffa sf ol l ows :
1.
The amount of TWO MI LLI ON TWO HUNDRED FORTY SEVEN
THOUS AND ( Php2 ,2 4 7 ,0 0 0 . 0 0 )r e pr e s e nt i ngt heunpa i dqua r t e r l yi ns t a l l me nt swi t h be l at e dc har ge sdueunde rt heLoanAgr e me ntdat e dJ anuar y1, 2006;
2.
The s e c ur i t yi nt e r e s ti mpos e d upon t he hal foft he s t oc ksowned by
de f e nda nti n“Tr uc k i ngBus i ne s s ,I nc . ”
2.
TheamountofP5, 000. 00asandbywa yofmor aldamage s ;
3.
TheamountofP5, 000. 00asandbywa yofe x e mpl ar ydamage s ;
4.
Cos tofs ui t .
Ot he rr e l i e f sj us ta nde qui t a bl eunde rt hepr e mi s e sa r el i ke wi s epr a y edf or .
Que z o nCi t y , _ _ _ _ _ _ _ _ _ _ _ _ _ _
4
At t y . QUETSI YAH CRUZ Couns e lf ort hePl a i nt i ff 7114Kundi manSt r eetSampal oc, Mani l a Rol lNo. 1 2 3 4 5I BPNo .6 7 8 9 00da t e d1 2 0 8 MCLECompl i anc eNo.11 00 04 35 27
VERI FI CATI ON/ CERTI FI CATI ON OFNONFORUM SHOPPI NG
I ,MARVI N MANI CAP,Fi l i pi no,ofl egalagewi t haddr es sat#140ChiBui l di ng, TheRedwoods ,Fai r vi ew,QuezonCi t yaf t erha vi ng beendul ys wor n on ac c or dance wi t hl a w depos ea nds ay: 1 .Tha tIa mt hepl a i nt i ffi nt hea bo ve e nt i t l e dc a s e ; 2 .Tha tIc a u s e dt hepr e pa r a t i o no ft hef o r e g oi ngCo mpl a i nta ndIha v er e a dt he a l l e g a t i onst he r e i na ndc e r t i f yt ha tt hes a mea r et r uea ndc o r r e c to fmyo wnpe r s ona l knowl e dge ; 3 .Tha tIf ur t he rc e r t i f yt ha tIha v eno tc o mme nc e da n yo t he ra c t i o ni n vo l vi ng t hes a mei s s ue sb e f o r et heS upr e meCo ur t ,Co ur to fAppe a l so ra n ydi vi s i o nt he r e o fo r anyt r i bunaloragency;and t ot hebes tofmyknowl edgenos uc hac t i on i spendi ng be f or et heSupr e meCour t ,Cour tofAppe al soranydi vi s i ont he r e oforanyt r i bunalor agency; 4.Thati nt hee ventt hatanyac t i oni nvol vi ngt hes ames houl dbemadeknown,I he r e b yb i ndmy s e l ft or e po r tt hes a mewi t hi nfiv e( 5 )da y sf r o mk no wl e dg et he r e o ft o t hi sHo no r a b l eCo ur t . WI TNESSWHEREOF ,Iher e unt os e tmyhand t hi s_ __ __ __dayof__ __ __ __ , _ _ _ _ __ _ _a tQue z onCi t y , Me t r oMa ni l a ,Phi l i ppi ne s.
MARVI N MANI CAP Pl a i nt i ff
be f o r emet hi s_ _ _ _ __da yof_ _ _ _ __ ,_ _ _ _ __a t SUBSCRI BED AND SWORN TO Quezon Ci t y ,affiantha vi ng e xhi bi t e dt o meherCTC No.__ __ __ __ __ _i s s ued on _ _ _ _ _ _ _ _ _ _a t_ _ _ _ _ _ _ _ _ _ .
NOTARYPUBLI C
5
Doc. No. _____ PageNo.___ _ BookNo.__ ___ Se r i e sof_ __ __
6