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Planters Development Bank vs. LZK Holdings and Development Corporation

PLANTERS DEVELOPMENT BANK, Petitioner, versus LZK HOLDINGS and DEVELOPMENT CORPORATION, Respondent.

G.R. No. 153777 | 2005-04-15

D E C I S I O N 


CALLEJO, SR., J.: 

This is a petition for review of the Decision[1] of the Court of Appeals (CA) in CA-G.R. SP No. 61262, ordering the dismissal of the petition for certiorari of Planters Development Bank and its resolution dismissing the motion for reconsideration thereof. 

The Antecedents 

The LZK Holdings and Development Corporation (LHDC) is a duly-organized corporation with principal office at AGZ Building, Quezon Avenue, San Fernando City, La Union.[2] The Planters Development Bank (PDB) is a banking institution duly-organized and existing under and by virtue of the laws of the Philippines.[3] ...