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BPI FSBI vs FMIC

BPI FAMILY SAVINGS BANK, INC., petitioner, vs. FIRST METRO INVESTMENT CORPORATION, respondent.

G.R. No. 132390 | 2004-05-21

D E C I S I O N




SANDOVAL-GUTIERREZ, J.:

For our resolution is the instant petition for review on certiorari under Rule 45 of the 1997 Rules of Civil Procedure, as amended, assailing the Decision[1] dated July 4, 1997 and Resolution[2] dated January 28, 1998 of the Court of Appeals in CA-G.R. CV No. 44986, "First Metro Investment Corporation vs. BPI Family Bank."

The facts as found by the trial court and affirmed by the Court of Appeals are as follows:

First Metro Investment Corporation (FMIC), respondent, is an investment house organized under Philippine laws. Petitioner, Bank of Philippine Islands Family Savings Bank, Inc. is a...