Back

A. Z. Yujuico, et al. vs. C. T. Quiambao, et al

ALDERITO Z. YUJUICO, BONIFACIO C. SUMBILLA, and DOLNEY S. SUMBILLA, Petitioners, versus CEZAR T.QUIAMBAO, JOSE M. MAGNO III, MA. CHRISTINA F. FERREROS, ANTHONY K. QUIAMBAO, SIMPLICIO T. QUIAMBAO, JR., ERIC C. PILAPIL, ALBERT M. RASALAN, and REGIONAL TRIAL COURT, BRANCH 48, URDANETA CITY, Respondents.

G.R. No. 168639 | 2007-01-29

                                               D E C I S I O N


SANDOVAL-GUTIERREZ, J.:


Before us for resolution is the Petition for Review on Certiorari[1] challenging the Decision dated March 31, 2005 rendered by the Court of Appeals in CA-G.R. SP No. 87785, as well as its Resolution dated June 29, 2006.

The facts are:

Strategic Alliance Development Corporation (STRADEC) is a domestic corporation engaged in the business of providing financial and investment advisory services and investing in projects through consortium or...