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Efren N. Rigor, et al. vs Consolidated Orix, et al.

SPOUSES EFREN N. RIGOR and ZOSIMA D. RIGOR, for themselves and as owners of CHIARA CONSTRUCTION, petitioners, vs. CONSOLIDATED ORIX LEASING and FINANCE CORPORATION, respondent.

G.R. No. 136423 | 2002-08-20

D E C I S I O N

CARPIO, J.:

The Case

This is a petition for review of the decision[1] of the Court of Appeals in CA-G.R. SP No. 48415 affirming the orders[2] dated June 3, 1998 and July 15, 1998 of the Regional Trial Court of Dagupan City, Branch 41. These orders denied for lack of merit the motion to dismiss filed by petitioner Chiara Construction, owned by the spouses Efren and Zosima Rigor (Petitioners for brevity), in Civil Case No. 98-02067 of the same Regional Trial Court.

The Facts

Petitioners obtained a loan from private respondent Consolidated Orix Leasing and Finance Corporation[3] (Private Respondent for brevity) in the...