BUESER, D. Q., JJ. ROMMEL M. VILLEGAS, PETITIONER, VS. RTC OF SAN PEDRO, LAGUNA, BR. 93, ERLINDA ROSELLON OLANDAY AND/OR UNITED MONTESSOREAN SCHOOL, RESPONDENTS.

Decisions / Signed Resolutions THIRD DIVISION DE GUIA-SALVADOR, R., J.:
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DE GUIA-SALVADOR, R., J.:


Before this Court is the April 14, 2014 Mediator’s Report[1] of Appellate Court Mediator Judge Emilio L. Leachon, Jr.,[2] stating that the parties have amicably settled this case through a Compromise Agreement[3] executed on even date. Embodied in the Compromise Agreement are the following terms and conditions: (1) that private respondent acknowledges that she is indebted to petitioner Rommel M. Villegas, represented herein by Gladys Pangilinan pursuant to a Special Power of Attorney,[4] in the total amount of P2,400,000.00 representing investments of petitioner to private respondent; (2) that private respondent shall pay petitioner the amount of P5,000.00 monthly plus an additional payment of P50,000.00 every June of each year until the amount is fully paid; (3) that in case of default in the payment of the said installments, the parties agreed that this Court shall issue an order for private respondent to pay the whole of P2,400,000.00 to petitioner; and (4) that the parties have agreed to the Compromise Agreement to finally settle this case.

The Mediator’s Report with attached Compromise Agreement of Appellate Court Mediator Judge Emilio L. Leachon, Jr. is NOTED. Finding the said Compromise Agreement in order and not contrary to law, morals, good customs, public order and public policy, the same is hereby APPROVED. Judgment is hereby RENDERED in conformity with and embodying the terms and conditions thereof and enjoining strict compliance therewith by the parties.

Accordingly, the petition is now DISMISSED. Let entry of judgment be issued pursuant to Rule VII, Section 1(b)[5] of the 2009 Internal Rules of the Court of Appeals.

SO ORDERED.

Garcia, R.R., and Bueser, D.Q., JJ., concur.

[1] Rollo, p. 151.

[2] Pursuant to the Court’s December 13, 2013 Resolution referring this case for mediation to the Philippine Mediation Center-CA (PMC-CA Unit (Rollo, p. 150)

[3] Ibid., pp. 152-153.

[4] Ibid., pp. 154-155.

[5] “(b) Entry of judgment in civil cases shall be made immediately when an appeal is withdrawn or when a decision based on a compromise agreement is rendered.”

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