Back

Citibank vs CA and Douglas Anama 304 SCRA 679

Citibank, N.A. (Formerly First National City Bank), petitioner, vs. The Honorable Court of Appeals and Douglas F. Anama, respondents.

G.R. No. 61508 | 1999-03-17

D E C I S I O N

PURISIMA, J.:

At bar is a special civil action for certiorari with prayer for a temporary restraining order faulting the Court of Appeals1 [Former Third Division with Associate Justice Mama Busran, ponente; Associate Justice Jose Melo and Associate Justice Serafin Cuevas, members.] with grave abuse of discretion for nullifying the lower court's order of seizure of mortgaged properties subject of a case for sum of money and replevin.

The facts leading to the institution of the case are as follows:

In consideration for a loan obtained from Citibank, N.A. (formerly First National City Bank), the defendant (private respondent...