G.R. No. 201001 - MCMP Construction Corp. vs. Monark Equipment Corp.

MCMP Construction Corp. vs. Monark Equipment Corp.

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Title Supreme Court: MCMP Construction Corp. vs. Monark Equipment Corp.

Case: G.R. No. 201001

Decision Date: Nov 10, 2014

MCMP leased equipment from Monark, defaulted on payments, and was sued. Courts upheld Monark's claim but reduced excessive interest, penalties, and attorney’s fees. Secondary evidence of the contract was allowed.

rental fees

secondary evidence

interest

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