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Philippine Export & Foreign Loan Guarantee Corporation vs Phil Instrastructures, Inc, et al

PHILIPPINE EXPORT AND FOREIGN LOAN GUARANTEE CORPORATION, PETITIONER-APPELLANT, VS. PHILIPPINE INFRASTRUCTURES, INC., PHILIPPINE BRITISH ASSURANCE CO., INC., THE SOLID GUARANTY, INC., B.F. HOMES, INC., PILAR DEVELOPMENT CORPORATION AND TOMAS F. AGUIRRE, RESPONDENTS-APPELLEES.

G.R. No. 120384 | 2004-01-13

D E C I S I O N

AUSTRIA-MARTINEZ, J.:

Before the Court is a petition for review on certiorari under Rule 45 of the Rules of Court filed by Philippine Export and Foreign Loan Guarantee Corporation. Petitioner corporation seeks to set aside the Decision[1] of the Court of Appeals dated August 31, 1994, dismissing CA-G.R. SP No. 31483; the Resolution dated May 18, 1995 denying petitioner's motion for reconsideration; the Order of the Regional Trial Court (Branch 29) of Manila, dated December 7, 1992, dismissing Civil Case No. 86-38169[2] and the Order dated April 12, 1993 denying the motion for reconsideration of said dismissal order. 

The...