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Philippine Bank of Communications (PBCOM) vs. Court of Appeals

PHILIPPINE BANK OF COMMUNICATIONS, petitioner vs. COURT OF APPEALS and GAW LE JA CHUA, respondents.

G.R. No. 106858 | 1997-09-05

D E C I S I O N 

KAPUNAN, J.: 

Before us is a petition for review on certiorari assailing the decision of the Court of Appeals dated August 3 1, 1992. 

The factual background of the instant petition is as follows: 

In 1984, Philippine Bank of Communications (PBCom) filed two (2) collection suits against, among others, Joseph L.G. Chua, husband of herein private respondent, who acted as one of the sureties for the financial obligations of Fortune Motors (Phils.), Inc. and the Forte Merchant Finance, Inc., with the petitioner. After the filing of the complaint, the co-defendants of Joseph L.G. Chua had no more properties...