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Nelson L. Young Vs. Court On Appeals

NELSON L. YOUNG and VIOLETA YOUNG, petitioners, vs. THE HONORABLE COURT ON APPEALS and INDUSTRIAL FINANCE CORPORATION, respondents. Nuyda & Associates for petitioners. Santos S. Carlos for private respondent.

G.R. No. 81239 | 1991-12-04

D E C I S I O N


DAVIDE, JR., J.:

This is a petition for review on certiorari under Rule 45 of the Rules of Court to set aside the decision 1 of 24 August 1987 of respondent Court of Appeals in C.A.-G.R. CV No. 07484 2 which affirmed in toto the decision of Branch 135 of the Regional Trial Court of Makati, Metro Manila of 3 May 1985 in Civil Case No. 1219.

The factual and procedural antecedents are not disputed.

On 3 July 1981, herein private respondent (hereinafter referred to as IFC), as assignee of a deed of sale with chattel mortgage and the accompanying promissory note, filed a complaint against the petitioners with the then Court...