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BA Finance Corp. Vs. Court Of Appeals, Et Al.

BA FINANCE CORPORATION, petitioner, vs. COURT OF APPEALS and WILSON SIY, respondents.

G.R. No. 107345 | 1994-01-27

D E C I S I O N


BELLOSILLO, J.:

This is a petition for review on certiorari of the decision of the Court of Appeals 1 in CA-G.R. CV No. 28714 dated 23 June 1992 affirming the order of the trial court dated 22 January 1986 in Civil Case No. 144269, BA Finance Corporation v. Yanky Hardware Co., Inc., for replevin with damages or, in the alternative, for payment of P559,565.00 plus interest.

On 15 June 1976, Yanky hardware Company, Inc. (YANKY, for brevity), applied for and was granted by BA Finance Corporation a credit accommodation in the form of a discounting line under which YANKY could from time to time discount with and assign its...