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Primelink Properties & Devt. Corp., et al. vs. Ma. Clarita T. Lazatin-Magat, et al

PRIMELINK PROPERTIES AND DEVELOPMENT CORPORATION and RAFAELITO W. LOPEZ, Petitioners, versus MA. CLARITA T. LAZATIN-MAGAT, JOSE SERAFIN T. LAZATIN, JAIME TEODORO T. LAZATIN and JOSE MARCOS T. LAZATIN, Respondents.

G.R. No. 167379 | 2006-06-27

                                             D E C I S I O N
 


CALLEJO, SR., J.:

Before us is a Petition for Review on Certiorari under Rule 45 of the 1997 Rules of Civil Procedure of the Decision[1] of the Court of Appeals (CA) in CA-G.R. CV No. 69200 and its Resolution[2] denying petitioners' motion for reconsideration thereof.

The factual and procedural antecedents are as follows:

Primelink Properties and Development Corporation (Primelink for brevity) is a domestic corporation engaged in real estate development....