THIRD DIVISION

 

 

G.R. No.  149241 – DART PHILIPPINES, INC., Petitioner versus SPOUSES FRANCISCO AND ERLINDA CALOGCOG, Respondents.

 

 

                                                                   Promulgated:

 

                                                                   August 24, 2009

 

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CONCURRING AND DISSENTING OPINION

 

 

 

CARPIO MORALES, J.:

 

          I concur with the ponencia with respect to the reimbursement of payment of professional fees in favor of respondent spouses.  However, I dissent with respect to the imposition of 12% interest per annum on the reimbursable amount which the ponencia regards as “com[ing] in the nature of a forbearance of money.”

 

          “Forbearance,” in the context of the usury law, is a contractual obligation of lender or creditor to refrain, during a given period of time, from requiring the borrower or debtor to repay a loan or debt then due and payable.[1]  With this standard, the obligation in this case is not a forbearance of money.

 

          In similar or analogous cases involving reimbursements or refunds, the interest of 6% per annum was imposed, viz:  Heirs of Aguilar-Reyes v. Spouses Mijares,[2] JL Invesetment & Development v. Tendon Phils.,[3] Spouses Alinas v. Spouses Alinas[4] and ICTSI v. FGU Insurance.[5]

 

          I thus submit that the proper interest to be imposed on the reimbursable amount is 6% per annum from the time of judicial demand to the finality of the decision, and 12% per annum from the finality of the decision until full satisfaction, conformably with Eastern Shipping Lines v. Court of Appeals.[6]

 

          WHEREFORE, I concur with the ponencia insofar as it reverses the appealed decision, but I dissent with respect to the rate of interest to be imposed on the judgment award in light of my foregoing submission. 

 

 

 

                                                          CONCHITA CARPIO MORALES

                                                                          Associate Justice



[1]               Crismina Garments v. CA, G.R. No. 128721, 356 Phil. 701 (1999).

[2]               457 Phil. 120 (2003).

[3]               G.R. No. 148596, January 2, 2007.

[4]               G.R. No. 158040, April 14, 2008.

[5]               G.R. No. 161539, April 24, 2009.

[6]               G.R. No. 97412, 234 SCRA 78 (1994).