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BA Finance Corporation vs. Intermediate Appellate Court, et al.

BA FINANCE CORPORATION, petitioner, vs. HON. INTERMEDIATE APPELLATE COURT, RENE TAN, respondent.

G.R. No. 76497 | 1993-01-20

D E C I S I O N

GUTIERREZ, JR., J p:

This petition for review on certiorari seeks the reversal of the decision of the former Intermediate Appellate Court in CA-G.R. No. CV-00878 dated December 19, 1985 which affirmed with modification the judgment of the then Court of First Instance of Cebu, Branch 8. The trial court's decision has the following dispositive portion:

"THE FOREGOING CONSIDERED, judgment is hereby rendered in favor of the plaintiff and against the defendant, BA Finance Corporation, directing the latter to: reform the contract of lease to one of simple loan with the car being posted by way of chattel mortgage; declaring as...