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The Manila Banking Corp. vs. University of Baguio, Inc., et al

THE MANILA BANKING CORPORATION, Petitioner, versus UNIVERSITY OF BAGUIO, INC. and GROUP DEVELOPERS, INC., Respondents.

G.R. No. 159189 | 2007-02-21

DECISION
 


QUISUMBING, J.:

On appeal is the Order[1] dated April 11, 2002 of the Regional Trial Court (RTC) of Makati City, Branch 61, in Civil Case No. 90-389, dismissing petitioner's amended complaint for a sum of money with application for preliminary attachment. In the appeal under Section 2, Rule 41, on a pure question of law, petitioner alleges that the assailed Order of the RTC was manifestly not in accord with law and jurisprudence. Also assailed is the trial court's June 27, 2003 Order[2] denying the motion for reconsideration.

The facts are culled from the records.

On November 26, 1981, petitioner Manila Banking...