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PLANTERS DEVELOPMENT BANK v. SPS. ERNESTO LOPEZ AND FLORENTINA LOPEZ

This case has been cited 2 times or more.

2015-12-07
SERENO, C.J.
We pointed out in Planters Development Bank v. Sps. Lopez[22] that "[t]here is also no merit to the respondents' argument that Planters Bank's motion for reconsideration is disallowed under Section 2, Rule 52 of the Rules of Court, x x x [T]here is a difference between an amended judgment and a supplemental judgment. In an amended judgment, the lower court makes a thorough study of the original judgment and renders the amended and clarified judgment only after considering all the factual and legal issues. The amended and clarified decision is an entirely new decision which supersedes or takes the place of the original decision. On the other hand, a supplemental decision does not take the place of the original; it only serves to add to the original decision."
2015-03-25
LEONARDO-DE CASTRO, J.
Incidentally, Amador passed away on June 5, 2010 during the pendency of the instant petition, and is survived by his children, namely: Joann D. Moya, Annabelle G. Domingo, Cristina G. Domingo, Amador G. Domingo, Jr., Gloria Maryden D. Macatangay, Dante Amador G. Domingo, Gregory Amador A. Domingo, and Ina Joy A. Domingo.[41] To prevent future litigation in the enforcement of the award, the Court clarifies that Amador's heirs are not personally responsible for the debts of their predecessor. The extent of liability of Amador's heirs to BPI is limited to the value of the estate which they inherited from Amador. In this jurisdiction, "it is the estate or mass of the property left by the decedent, instead of the heirs directly, that becomes vested and charged with his rights and obligations which survive after his death."[42] To rule otherwise would unduly deprive Amador's heirs of their properties.