SPOUSES NORA SAGUID and ROLANDO P. SAGUID vs. SECURITY FINANCE,
INC., G.R. No. 159467, December 9, 2005
“x
x x.
Petitioners
are entitled to moral damages having suffered undue embarrassment when the
subject vehicle was seized from their home. There is no hard-and-fast rule in
the determination of what would be a fair amount of moral damages since each
case must be governed by its own peculiar facts. The yardstick should be that
it is not palpably and scandalously excessive.[50] We
find the amount of P500,000.00 awarded by the lower court to be
excessive. In our view, the award ofP50,000.00 as moral damages is
reasonable under the facts obtaining in this case.
“x
x x.
