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Rodolfo M. Cuenca, et al. vs. The PCGG, et al

RODOLFO M. CUENCA and CUENCA INVESTMENT CORP., Petitioners, versus THE PRESIDENTIAL COMMISSION ON GOOD GOVERNMENT, INDEPENDENT REALTY CORP., and UNIVERSAL HOLDINGS CORP., Respondents.

G.R. No. 159104-05 | 2007-10-05

D E C I S I O N
 

VELASCO, JR., J.:

The Case

In this Petition for Review on Certiorari under Rule 45, petitioners assail the January 6, 2003 Decision[1] of the Court of Appeals (CA) in consolidated cases CA-G.R. CV No. 60338[2] and CA-G.R. SP No. 49686[3] which upheld the jurisdiction of Sandiganbayan over a dispute involving the transfer of stocks and subscription rights of respondent Universal Holdings Corporation (UHC), a sequestered company, in favor of petitioners Rodolfo M. Cuenca and Cuenca Investment Corporation (CIC); and its July 15, 2003 Resolution[4] denying petitioners' Motion for Reconsideration.[5] The consolidated...