6/5/2020 E-Library - Information At Your Fingertips: Printer Friendly appeal bond to ensure payment to the employee. Stated differently, the Court ruled against the emvlover because the conditional satisfaction of judgment signed by the parties was highly prejudicial to the employee. The agreement stated that the payment of the monetary award was without prejudice to the right of the employer to file a petition for certiorari and appeal, while the employee agreed that she would no longer file any complaint or prosecute any suit of action against the employer after receiving the payment. In contrast, in Leonis Navigation, after the NLRC resolution awarding disability benefits became final and executory, the employer paid the monetary award to the employee. The CA dismissed the employer's petition for certiorari, ruling that the final and executory decisions or resolutions of the NLRC rendered appeals to superior courts moot and academic. This Court disagreed with the CA and held that final and executed decisions of the NLRC did not prevent the CA from reviewing the same under Rule 65 of the Rules of Court. It was further ruled that the employee was estopped from claiming that the case was closed and terminated, considering that the employee's Acknowledgment Receipt stated that such was without prejudice to the final outcome of the petition for certiorari pending before the CA.[53] (Emphases and underscoring supplied) Ultimately, in Philippine Transmarine, the Court ruled that since the agreement in that case was fair to the parties in that it provided available remedies to both parties, the certiorari petition was not rendered moot despite the employer's satisfaction of the judgment award, as the respondent had obliged himself to return the payment if the petition would be granted.[54] In the instant case, the body of the Satisfaction of Judgment entered into by petitioners and Pelagio reads: 1. That complainant Cesar C. Pelagio received the sum of Three Million Three Hundred Thirteen Thousand Seven Hundred [Seventy-Two] Pesos (PHP3,313,772.00), as full and complete satisfaction of the Decision and Resolution of this Honorable Commission (Fourth Division) dated 24 August 2011 and 4 October 2011. That payment is hereby made to complainant only to prevent imminent execution that the NLRC and the complainant are undertaking. 2. That said payment was made by means of Citibank Check No. 1000006094 dated 21 December 2011 in the sum of Three Million Three Hundred Thirteen Thousand Seven Hundred (Seventy-Two] Pesos (PHP3,313,772.00) payable to complainant Cesar C. Pelagio. 3. That by virtue of said payment, which is in full and complete satisfaction of the judgment award as indicated in the Decision and Resolution of this elibrary.judiciary.gov.ph/thebookshelf/showdocsfriendly/1/61185 6/12

Select target paragraph3