Back

Conrado M. Vicente, Carlos Sobrevi?as, Yolanda V. Goli, Married To Edgardo Goli, And Leticia Wiley, Married To James Wiley vs Planters Development Bank And Jesus Tambunting

CONRADO M. VICENTE, CARLOS SOBREVI?AS, YOLANDA V. GOLI, married to EDGARDO GOLI, and LETICIA WILEY, married to JAMES WILEY, petitioners, vs. PLANTERS DEVELOPMENT BANK and JESUS TAMBUNTING, respondents.

G.R. No. 136112 | 2003-01-28

D E C I S I O N

AUSTRIA-MARTINEZ, J.:

Before us is a petition for review on certiorari under Rule 45 of the Rules of Court assailing the decision of the Court of Appeals[1] which reversed the decision of the Regional Trial Court (Branch 98) and dismissed the complaint filed by herein petitioners against respondents for rescission or specific performance with damages. [2]

The facts of the case are as follows:

In the year 1985, respondent Jesus Tambunting, President of the Planters Development Bank (PDB), invited Roman Ozaeta together with petitioners Conrado M. Vicente and Carlos Sobreviñas, principal stockholders of Capitol City...