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Salgado, Julieta , et al. Vs. Court of Appeals, et al.

SPOUSES JULIETA SALGADO and JOSE SALGADO, petitioners, vs. HON. COURT OF APPEALS and PHILIPPINE COMMERCIAL & INDUSTRIAL BANK, respondents.

G.R. No. L-55381 | 1984-03-26

D E C I S I O N


ESCOLIN, J.:

This is a petition for review filed by the spouses Jose Salgado and Julieta Salgado to set aside the resolution of the then Court of Appeals in CA-G.R. No. SP-09407-R, dated September 18, 1980, which authorized the issuance of a writ of attachment against the property of said petitioners.

The pertinent facts that gave rise to this petition are as follows: On May 8, 1978, the Philippine Commercial and Industrial Bank, hereinafter referred to as the Bank, filed an action against petitioners, docketed as Civil Case No. 29392 of the then Court of First Instance of Rizal, to recover on a promissory note in the...