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Fortune Motors, Inc. vs. Court of Appeals, etal.

FORTUNE MOTORS, (PHILS.), INC., petitioner, vs. THE HONORABLE COURT OF APPEALS, METROPOLITAN BANK and TRUST COMPANY, respondents.

G.R. No. 76431 | 1989-10-16

D E C I S I O N


PARAS, J.:

This is a petition for review on certiorari seeking the reversal of: (a) the July 30, 1986 decision of the Court of Appeals in AC-G.R. SP No. 09255 entitled "Metropolitan Bank & Trust Co. v. Hon. Herminio C. Mariano, et al." dismissing Civil Case No. 85-33218 entitled "Fortune Motors (Phils.) Inc. v. Metropolitan Bank & Trust Co." filed in the Regional Trial Court of Manila, Branch IV for improper venue and (b) the resolution dated October 30, 1986 denying petitioner's motion for reconsideration.

The undisputed facts of the case are as follows:

On March 29, 1982 up to January 6, 1984, private respondent...