or to misapply our laws.46[46] That the petitioners have now secured the execution
of the NLRC decision involving a very sizeable sum is unfortunate, but is a
situation that is not irremediable since the parties themselves agreed that this
would be a live issue subject to the final outcome of the case.
WHEREFORE, premises considered, we DENY the petition for lack of
merit, and accordingly AFFIRM the challenged decision and resolution of the
Court of Appeals in CA-G.R. SP No. 98719.
In light of this judgment, the
petitioners are hereby ORDERED to RETURN the amount of Four Million Seven
Hundred Thirty-Seven Thousand Eight Hundred Ten Pesos (P4,737,810.00) to the
respondents. Costs against the petitioners.
SO ORDERED.
ARTURO D. BRION
Associate Justice
46[46] See Klaveness Maritime Agency, Inc. v. Beneficiaries of the Late Second Officer Anthony
S. Allas, G.R. No. 168560, January 28, 2008, 542 SCRA 593, 603.
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