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Republic of the Philippines

Department of Labor and Employment


NATIONAL LABOR RELATIONS COMMISSION
National Capital Region
Quezon City

MARIA NIMFA S. GARRIDO, ET AL.,


Complainants,

-versus- NLRC-CASE No. NCR-08-12885-17

CLASSIQUE IDEAS INTERIOR DESIGN, INC., ET AL.,


Respondents.
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MOTION TO RELEASE SUPERSEDEAS BOND


Respondent CLASSIQUE IDEAS INTERIOR DESIGNS INC., by counsel, avers
that:

1. On January 22, 2019, the respondent company has settled in full the
satisfaction of the judgment monetary award in favor of the Complainants
through amicable settlement.

2. It bears noting however that the foregoing judgment award was


voluntarily settled by the respondent despite the existence of a
supersedeas bond in the amount of THREE HUNDRED FIFTY-FIVE
THOUSAND SEVEN HUNDRED EIGHTY-FIVE PESOS AND 40/100 PESOS
(PhP, 355,785.40).

3. In view of the foregoing full satisfaction of the judgment award, the


respondent company hereby moves for the immediate release of the
Supersedeas Bond JCL (15) – HO – 001739 which was posted by Intra Strata
Assurance Corporation in the amount of THREE HUNDRED FIFTY-FIVE
THOUSAND SEVEN HUNDRED EIGHTY-FIVE PESOS AND 40/100 PESOS
(PhP, 355,785.40).
4. The respondent company also prays that the Intra Strata Corporation be
likewise served with a copy of the Order of Release to obviate any
questions on the validity of the Order of Release.

PRAYER

WHEREFORE, it is respectfully prayed of this Honorable Office that


an order be issued directing the immediate release of the Supersedeas
Bond JCL (15) – HO – 001739 which was posted by Intra Strata Assurance
Corporation in the amount of THREE HUNDRED FIFTY-FIVE THOUSAND
SEVEN HUNDRED EIGHTY-FIVE PESOS AND 40/100 PESOS (PhP,
355,785.40).

All other reliefs, just and equitable under the premises, are likewise
prayed for. Signed this October 28, 2019 in Quezon City, Metro Manila

ATTY. GIZELLE LOU M. CABAHUG-FUGOSO


IBP No. 915014 / IBP Lifetime Member / Quezon City
PTR No. 5520708 C / 03 January 2018 / Quezon City
Roll of Attorney No. 54032
MCLE Compliance No. V-0022185, 31 May 2016
(valid until April 14, 2019)
gizellelou@cabahuglaw.com
Direct Lines (02) 622-2858, Mobile No. 0917-5995563

DELA CRUZ AND CABAHUG LAW OFFICES


4th Floor Unit 401 Vinia Tower
927 EDSA, Brgy. Philam, Quezon City
Metro Manila 1104
Direct Lines (02) 622-2858, Mobile No. 0906-970069
delacruzandcabahuglaw@yahoo.com.ph

Copy Furnished with explanation:

ATTY. JENNIEVEE MAY SANCHEZ


LAWIN, Room No. 209 Jiao Building 2 Timog Avenue,
Quezon City, Metro Manila

Service upon complainant-appellees counsel and filing with this Office shall be effected via
registered mail owing to lack of manpower services rendering personal service difficult and
impractical.

GIZELLE LOU M. CABAHUG-FUGOSO

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