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Corazon Ruiz vs CA & Consuelo Torres

CORAZON G. RUIZ, petitioner, vs. COURT OF APPEALS and CONSUELO TORRES, respondents.

G.R. No. 146942 | 2003-04-22

D E C I S I O N

PUNO, J.:

On appeal is the decision[1] of the Court of Appeals in CA-G.R. CV No. 56621 dated 25 August 2000, setting aside the decision[2] of the trial court dated 19 May 1997 and lifting the permanent injunction on the foreclosure sale of the subject lot covered by TCT No. RT-96686, as well as its subsequent Resolution[3] dated 26 January 2001, denying petitioner's Motion for Reconsideration.

The facts of the case are as follows:

Petitioner Corazon G. Ruiz is engaged in the business of buying and selling jewelry.[4] She obtained loans from private respondent Consuelo Torres on different occasions, in the following...