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Lee Eng Hong, Et Al. Vs. Court Of Appeals, Et Al.

LEE ENG HONG and ROSALINDA VILLACORTA, petitioners, vs. COURT OF APPEALS and BENJAMIN D. YU, respondents.

G.R. No. 114145 | 1995-02-15

D E C I S I O N


BIDIN, J.:

In an action for reconveyance, damages, and accounting, filed by respondent Benjamin D. Yu, the Regional Trial Court of Cebu ruled in favor of petitioners Lee Eng Hong and Rosalinda Villacorta. The respondent Court of Appeals, however, reversed the lower court on appeal. In its February 28, 1994 decision, the Court of Appeals ordered herein petitioners to render an accounting of all funds, income, and disbursements of the Asia Furniture Center Company and the former Cebu Asia Furniture Company and to reconvey the funds and assets of said companies to the estate of the late Yu Ching. The Court also declared the...