G.R. No. 191460. January 31, 2018.
Pascua was employed by Bankwise as its Executive Vice President for Marketing. In 2004, Philippine Veterans Bank and Bankwise entered into a merger. Due to this Pascua was re-assigned to another unit but his duties, functions, and responsibilities were not clearly delineated or defined.
As part of the merger, Pascual was informed to tender his resignation. In a letter, he pleaded to stay in office until the end of the year. Campa, a director of Bankwise assured all his money claims will be paid once he tendered resignation. Pascua tendered his resignation.
Due to the inaction of respondents for early settlement of his money claims. Pascua filed a Complaint for illegal dismissal, nonpayment of salary, overtime pay, holiday pay, premium pay for holiday, service incentive leave, 13th month pay, separation pay, retirement benefits, actual damages, moral damages, exemplary damages, and attorney’s fees against Bankwise and Philippine Veterans Bank.