Title
Philippine Commercial and International Bank vs. Alejandro
Case
G.R. No. 175587
Decision Date
Sep 21, 2007
PCIB wrongfully garnished Alejandro’s deposits via misrepresentation, leading to liability for damages; SC reduced excessive awards for nominal, moral, exemplary damages, and attorney’s fees.

Case Digest (G.R. No. 175587)
Expanded Legal Reasoning Model

Facts:

  • Complaint for money and issuance of writ of preliminary attachment
    • On October 23, 1997, Philippine Commercial International Bank (PCIB) sued Joseph Anthony M. Alejandro for ₱249,828,588.90 under a promissory note and prayed for ex parte preliminary attachment under Rule 57, Sections 1(e) and (f), alleging (a) fraudulent withdrawal of unassigned deposits and (b) respondent’s non-residence in the Philippines.
    • On October 24, 1997, the Regional Trial Court of Makati granted the writ after PCIB posted a bond of ₱18,798,734.69, and garnished respondent’s deposits with RCBC.
  • Quashal of the writ and finality of findings
    • On October 27, 1997, respondent voluntarily submitted to the court’s jurisdiction and filed a motion to quash the writ, contending (a) no intent to defraud since withdrawals were approved by PCIB, and (b) he maintained residence and office addresses in Quezon City and Makati.
    • On December 24, 1997, the trial court granted the motion, finding no fraudulent intent and misrepresentation by PCIB regarding respondent’s residence; its order was affirmed on PCIB’s certiorari petitions before the Court of Appeals and this Court, becoming final.
  • Proceedings on damages
    • On May 20, 1998, respondent filed a claim for ₱25 million damages against the attachment bond for wrongful garnishment; evidence showed dishonored checks and proof of professional standing.
    • On August 30, 2000, the trial court awarded ₱25 million (₱18.8 million bond + ₱6.2 million from PCIB). The Court of Appeals (May 31, 2006) deleted the ₱25 million, awarding instead ₱2 million nominal, ₱5 million moral, and ₱1 million attorney’s fees; on reconsideration it added ₱5 million exemplary damages.
    • PCIB filed a petition for review before this Court.

Issues:

  • Is PCIB liable for damages for the wrongful issuance of the writ of attachment?
  • Can PCIB invoke good faith or alternative grounds under Rule 57(f) (residence out of the Philippines)?
  • What are the proper quantum and classification of damages?
  • Does the claim for damages survive the dismissal of the main money claim?

Ruling:

  • (Subscriber-Only)

Ratio:

  • (Subscriber-Only)

Doctrine:

  • (Subscriber-Only)

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