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Allied Banking Corporation vs. Cheng Yong, et al.

ALLIED BANKING CORPORATION, Petitioner, versus CHENG YONG and LILIA GAW, Respondents.

G.R. No. 151040 | 2005-10-06

D E C I S I O N 


GARCIA, J.: 

Before us are these two (2) petitions for review on certiorari under Rule 45 of the Rules of Court to nullify and set aside the following issuances of the Court of Appeals (CA) in CA-G.R. CV 41280, to wit: 

1. Decision dated 11 December 2001,[1] partially reversing and setting aside an earlier decision of the Regional Trial Court at Makati, Branch 145, in its Civil Case No. 10947; and 

2. Resolution dated 01 July 2002,[2] denying Cheng Yong and Lilia Gaw's motion for reconsideration. 

The material facts: 

Sometime before 1981, Philippine Pacific Fishing Company, Inc. (Philippine...