G.R. No. 225433 - Lara's Gifts and Decors, Inc. vs. Midtown Industrial Sales, Inc.

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G.R. No. 225433: Lara's Gifts and Decors, Inc. vs. Midtown Industrial Sales, Inc.

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Title Supreme Court: Lara's Gifts and Decors, Inc. vs. Midtown Industrial Sales, Inc.

Case: G.R. No. 225433

Decision Date: Sep 20, 2022

Lara's Gifts purchased materials from Midtown, issued dishonored checks, and claimed substandard quality. Courts upheld Midtown's claim, validating 24% interest but removed legal interest on compensatory interest as excessive.

industrial materials

construction materials

credit term

Marathon 2 hr 2 min

END