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GREGORIO H. REYES and CONSUELO PUYAT-REYES vs. THE HON. CA and FAR EAST BANK AND TRUST COMPANY

GREGORIO H. REYES and CONSUELO PUYAT-REYES, petitioners, vs. THE HON. COURT OF APPEALS and FAR EAST BANK AND TRUST COMPANY, respondents.

G.R. No. 118492 | 2001-08-15

D E C I S I O N

DE LEON, JR., J.:

Before us is a petition for review of the Decision[1] dated July 22, 1994 and Resolution[2] dated December 29, 1994 of the Court of Appeals[3] affirming with modification the Decision[4] dated November 12, 1992 of the Regional Trial Court of Makati, Metro Manila, Branch 64, which dismissed the complaint for damages of petitioners spouses Gregorio H. Reyes and Consuelo Puyat-Reyes against respondent Far East Bank and Trust Company.

The undisputed facts of the case are as follows:

In view of the 20th Asian Racing Conference then scheduled to be held in September, 1988 in Sydney, Australia, the Philippine...