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Global Holiday Ownership Corporation Vs. Metropolitan Bank & Trust Company

GLOBAL HOLIDAY OWNERSHIP CORPORATION, Petitioner, versus METROPOLITAN BANK & TRUST COMPANY, Respondent.

G.R. No. 184081 | 2009-06-19

DECISION


YNARES-SANTIAGO, J.:

This petition for review on certiorari assails the March 31, 2008 Decision[1] of the Court of Appeals in CA-G.R. SP No. 97287, which annulled and set aside the July 26, 2006 and October 6, 2006 Orders of the Regional Trial Court of Makati, Branch 146, granting petitioner's prayer for a writ of preliminary injunction in Civil Case No. 06-549 and directed the judge to dissolve the said writ. Also assailed is the August 7, 2008 Resolution[2] denying the motion for reconsideration.

The facts as found by the appellate court are as follows:

Global Holiday Ownership Corporation (Global for short) obtained on...