4/7/2021 E-Library - Information At Your Fingertips: Printer Friendly bear interest at the rate of 6% per annum from finality of this Decision until full payment. WHEREFORE, the Petition in G.R. No. 212050 is hereby DENIED while the Petition in G.R. No. 212216 is GRANTED. The Decision dated September 30, 2013 and the Resolution dated April 10, 2014 of the Court of Appeals in CA-G.R. CV No. 94736 are PARTIALLY REVERSED and SET ASIDE insofar as the Court of Appeals absolved Equitable PCI Bank from any liability is concerned. The Decision dated April 16, 2009 rendered by the Regional Trial Court, Branch 134, Makati City in Civil Case No. 02-1423 is REINSTATED with MODIFICATION: WHEREFORE, premises considered, judgment is hereby rendered in favor of the plaintiff Star City Pty Limited and against both defendants Quintin Llorente and Equitable PCI Bank, as follows: 1. Finding both defendants Quintin Llorente and Equitable PCI Bank individually and primarily liable and: (a) Ordering defendants Quintin Llorente and Equitable PCI Bank to pay plaintiff Star City Pty Limited the amount of the subject bank drafts in sum of US $300,000.00 with interest at 12% per annum from August 2002 to June 30, 2013 and at 6% per annum from July 1, 2013 until payment; the the 30, full (b) Ordering defendants Quintin Llorente and Equitable PCI Bank to pay the plaintiff Star City Pty Limited 5% of the amount claimed, or US $15,000.00, as and by way of attorney's fees with interest at 6% per annum from the finality of this Decision until full payment; and, 2. Costs of suit. For lack of merit, both defendants Quintin Llorente's and Equitable PCI Bank's counterclaims are DENIED. Defendant Equitable PCI Bank's cross-claim against defendant Quintin Llorente is GRANTED. SO ORDERED. Peralta, C.J., (Chairperson), J. Reyes, Jr., Lazaro-Javier, and Lopez, JJ., concur. [1] Rollo (G.R. No. 212050), pp. 10-23, excluding Annexes; rollo (G.R. No. 212216), pp. 45-62, excluding Annexes. [2] Id. at 24-38; id. at 10-24. Penned by Associate Justice Elihu A. Ybañez, with Associate Justices Japar B. Dimaampao and Victoria Isabel A. Paredes concurring. [3] Id. at 55-57; id. at 41-43. [4] Fourteenth Division and Former Fourteenth Division, respectively. [5] Rollo (G.R. No. 212050), pp. 39-54. Penned by Presiding Judge Perpetua Atal-Paño. https://elibrary.judiciary.gov.ph/thebookshelf/showdocsfriendly/1/65911 17/22