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Banco De Oro-EPCI, Inc. Vs. John Tansipek

BANCO DE ORO-EPCI, INC. (formerly Equitable PCI Bank), Petitioner,versus JOHN TANSIPEK, Respondent.

G.R. No. 181235 | 2009-07-22

D E C I S I O N


CHICO-NAZARIO, J.:

Before Us is a Petition for Review on Certiorari assailing the Decision[1] of the Court of Appeals in CA-G.R. CV No. 69130 dated 18 August 2006 and the Resolution of the same court dated 9 January 2008.


The facts of the case are as follows:

J. O. Construction, Inc. (JOCI), a domestic corporation engaged in the construction business in Cebu City, filed a complaint against Philippine Commercial and Industrial Bank (PCIB) in the Regional Trial Court (RTC) of Makati City docketed as Civil Case No. 97-508. The Complaint alleges that JOCI entered into a contract with Duty Free Philippines, Inc. for the...