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Enrique T. Jocson, et al. vs. Court of Appeals, et al.

JUDGE ENRIQUE T. JOCSON, EDILBERTO Y. EMPESTAN, and ATTY. PRESTON V. BARBASA, petitioners, vs. HON. COURT OF APPEALS and BANK OF THE PHILIPPINE ISLANDS (BACOLOD MAIN BRANCH), respondents.

G.R. No. 88297 | 1990-03-22

D E C I S I O N


CRUZ, J.:

On April 26, 1982, petitioner Preston V. Barbasa bought a brand new car from Southern Motors with Filinvest Finance and Leasing Corp. (FFLC) financing the account. This account was later assigned to Filinvest Credit Corp. (FCC), FFLC's sister company. On July 7, 1983, the car was repossessed by FFLC.

On November 8, 1983, the petitioner, claiming that FFLC had acted illegally and maliciously, filed a complaint for damages against it. 1 Subsequently, the Bank of the Philippine Islands Credit Corporation (BPICC) having bought FCC, the complaint was amended to include BPICC as co-defendant. 2 On July 31, 1987,...