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Spouses Layos vs. Fil-Estate Golf and Development [DECISION]

SPOUSES FELIPE and VICTORIA LAYOS, Petitioners, versus FIL-ESTATE GOLF AND DEVELOPMENT, INC., LA PAZ HOUSING AND DEVELOPMENT CORPORATION, REPUBLIC OF THE PHILIPPINES, AND THE SPOUSES MARINA AND GENEROSO OTIC, Respondents.

G.R. No. 150470 | 2008-08-06

D E C I S I O N
 
CHICO-NAZARIO, J.:
 
Before this Court is a Petition for Review on Certiorari[1] under Rule 45 of the Rules of Court filed by petitioner-spouses Felipe and Victoria Layos (Spouses Layos) seeking the reversal and setting aside of the Decision[2] dated 26 April 2001 of the Court of Appeals in CA-G.R. CV No. 61759, which affirmed the Order[3] dated 19 January 1998 of the Regional Trial Court (RTC), Branch 93 of San Pedro, Laguna, summarily dismissing the spouses Layos' Petition for Reconstitution of Original Certificate of Title (OCT) No. 239 in LRC Case No. B-1784. Likewise being assailed in...