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Heirs of Zoilo Espiritu, et al. vs. Sps. Maximo Landrito etc., et al

HEIRS OF ZOILO ESPIRITU AND PRIMITIVA ESPIRITU, Petitioners, versus SPOUSES MAXIMO LANDRITO AND PAZ LANDRITO, Represented by ZOILO LANDRITO, as their Attorney-in-Fact, Respondents.

G.R. No. 169617 | 2007-04-04

                                                D E C I S I O N


CHICO-NAZARIO, J.:


This is a petition for Review on Certiorari under Rule 45 of the Rules of Court assailing the Decision of the Court of Appeals,[1] dated 31 August 2005, reversing the Decision rendered by the trial court on 13 December 1995. The Court of Appeals, in its assailed Decision, fixed the interest rate of the loan between the parties at 12% per annum, and ordered the Spouses Zoilo and Primitiva Espiritu (Spouses Espiritu) to reconvey the subject...