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Manila Banking Corporation Vs. Court Of Appeals, Et Al.

MANILA BANKING CORPORATION, petitioner, vs. COURT OF APPEALS and LUZON BROKERAGE CORPORATION, respondents.

G.R. No. 45961 | 1990-07-03

D E C I S I O N


NARVASA, J.:

The sufficiency of a complaint for injunction is what is chiefly involved in these appellate proceedings. The Court of Appeals, reversing the Trial Court, held that the complaint does set out a cause of action. It is that holding that is now challenged in this Court by this petitioner, Manila Banking Corporation.

The complaint was filed in the Court of First Instance of Surigao del Norte by Luzon Brokerage Corporation against said bank and two (2) others, the Pacific Copra Export Co., Inc. (PACOCO), and the Provincial Sheriff of Surigao del Norte. 1 Basically, it alleged the following facts, to wit:

1....