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Keppel Bank Philippines, Inc. vs. Philip Adao

KEPPEL BANK PHILIPPINES, INC., Petitioner, versus PHILIP ADAO, Respondent.

G.R. No. 158227 | 2005-10-19

D E C I S I O N 


QUISUMBING, J.: 

On appeal is the Decision[1] dated April 30, 2003 of the Court of Appeals in CA G.R. SP No. 71477. The Court of Appeals affirmed the Decision of the Regional Trial Court which had earlier sustained the Decision of the Metropolitan Trial Court, dismissing the ejectment case against respondent Philip Adao. 

The case stemmed from the court-approved Compromise Agreement between petitioner Keppel Bank and Project Movers Realty and Development Corporation (PMRDC).[2] By virtue of the agreement, PMRDC through its President Mario P. Villamor assigned, transferred and conveyed to petitioner, by way of...