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The Alexandra Condominium Corporation Vs. Laguna Lake Development Authority

THE ALEXANDRA CONDOMINIUM CORPORATION, Petitioner, versus LAGUNA LAKE DEVELOPMENT AUTHORITY, Respondent.

G.R. No. 169228 | 2009-09-11

D E C I S I O N


CARPIO, J.:

The Case

Before the Court is a petition for review assailing the 26 April 2005 Decision[1] and 1 August 2005 Resolution[2] of the Court of Appeals in CA-G.R. SP No. 82409.

The Antecedent Facts

Philippine Realty and Holdings, Inc. (PhilRealty) developed, established, and constructed The Alexandra Condominium Complex from 1987 to 1993. In a Deed of Conveyance dated 18 April 1988, PhilRealty transferred to The Alexandra Condominium Corporation (TACC) a parcel of land with an area of 9,876 square meters located at 29 Meralco Avenue, Pasig City as well as all the common areas of the project. The land was...