G.R. No. L-9542 - Plaridel Surety and Insurance Co., Inc. vs. P.L. Galang Machinery Co., Inc.

Plaridel Surety and Insurance Co., Inc. vs. P.L. Galang Machinery Co., Inc.

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Title Supreme Court: Plaridel Surety and Insurance Co., Inc. vs. P.L. Galang Machinery Co., Inc.

Case: G.R. No. L-9542

Decision Date: Jan 11, 1957

1950: San Jose breached a log delivery contract with Galang Machinery, backed by Plaridel Surety. Court held surety liable for bond, legal interest, and reduced attorneys’ fees due to payment delay.

surety company

failed delivery of logs

liability

Very Short 6 min

END