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Overseas Bank of Mla. VS. Court of Appeals

OVERSEAS BANK OF MANILA, petitioner, vs. COURT OF APPEALS and NATIONAL WATERWORKS AND SEWERAGE AUTHORITY, respondents.

G.R. No. 45866 | 1989-04-19

D E C I S I O N


NARVASA, J.:

From the Court of Appeals ---- which rendered judgment in CA-G.R. No. 42948-R entitled "National Waterworks and Sewerage Authority v. the Overseas Bank of Manila" 1 ---- the Overseas Bank has come to this Court on certiorari, seeking reversal of said judgment (as well as that Court's Resolution denying its motion for reconsideration) The Appellate Court's decision had affirmed the judgment by default of the Manila Court of First Instance 2 which, in an action instituted by the National Waterworks and Sewerage Authority (NAWASA), had rendered a verdict against the defendant Overseas Bank as follows:

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