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PCI Bank vs CA, Willian Golangco Const, et al

PHILIPPINE COMMERCIAL INTERNATIONAL BANK, petitioner, vs. COURT OF APPEALS, WILLIAM GOLANGCO CONSTRUCTION CORP., Chairman ERNESTO S. DE CASTRO, and members LAURO M. CRUZ and VICTOR P. LAZATIN of the ARBITRAL TRIBUNAL of the CONSTRUCTION INDUSTRY ARBITRATION COMMISSION, respondents.

G.R. No. 127275 | 2003-06-20

D E C I S I O N

CARPIO-MORALES, J.:

Petitioner Philippine Commercial Industrial Bank (PCIB) assails, by the present Petition for Certiorari and Mandamus, the September 25, 1996 Resolution of the Court of Appeals (CA) dismissing its petition for "Certiorari and/or Partial Review of CIAC Case No. 07-95," on motion of private respondent William Golangco Construction Corporation (WGCC).

PCIB contracted WGCC to construct the 5th to 21st floors of PCIB Tower II in Makati. Alleging that the "granite finish [of the tower] proved to be defective such that after all efforts at negotiations proved futile" it hired another contractor to redo the...