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Escano and Silos vs. Ortigas, Jr.

SALVADOR P. ESCANO and MARIO M. SILOS, Petitioners, versus RAFAEL ORTIGAS, JR., Respondent.

G.R. No. 151953 | 2007-06-29

                                            D E C I S I O N 


Tinga, J.:

The main contention raised in this petition is that petitioners are not under obligation to reimburse respondent, a claim that can be easily debunked. The more perplexing question is whether this obligation to repay is solidary, as contended by respondent and the lower courts, or merely joint as argued by petitioners.

On 28 April 1980, Private Development Corporation of the Philippines (PDCP)[1] entered into a loan agreement with Falcon Minerals, Inc....