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Clark Devt. Corp. vs. Mondragon Leisure & Resorts Corp., et al

CLARK DEVELOPMENT CORPORATION, Petitioner, versus MONDRAGON LEISURE AND RESORTS CORPORATION, MONDRAGON INTERNATIONAL PHILIPPINES, INCORPORATED and MONDRAGON SECURITIES CORPORATION, Respondents.

G.R. No. 150986 | 2007-03-02

D E C I S I O N


VELASCO, JR., J.:

For review before the Court is the September 5, 2001 Decision[1] of the Court of Appeals (CA) in CA-G.R. SP No. 58302, setting aside the Orders dated December 2, 1999 and February 8, 2000 of the Angeles City Regional Trial Court (RTC), Branch 60, and directing the presiding judge to continue with the proceeding in Civil Case No. 9596 entitled Mondragon and Leisure and Resorts Corporation, et al. v. Clark Development Corporation.


The Facts

Petitioner Clark Development Corporation (CDC) is a government-owned and controlled corporation existing under and by virtue of Philippine laws. Through Republic Act No. 7227...