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Insular Savings Bank vs. FEBTCo

INSULAR SAVINGS BANK, Petitioner, versus FAR EAST BANK AND TRUST COMPANY, Respondent.

G.R. No. 141818 | 2006-06-22

DECISION 


YNARES-SANTIAGO, J.: 

This petition for review on certiorari[1] assails the November 9, 1999 Order[2] of the Regional Trial Court of Makati City, Branch 135, in Civil Case No. 92-145 which dismissed the petition for review for lack of jurisdiction and its February 1, 2000 Order[3] denying reconsideration thereof. 

The antecedent facts are as follows: 

On December 11, 1991, Far East Bank and Trust Company (Respondent) filed a complaint against Home Bankers Trust and Company (HBTC)[4] with the Philippine Clearing House Corporation's (PCHC) Arbitration Committee docketed as Arbicom Case No. 91-069.[5] Respondent...