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Jaime T. Torres Vs. China Banking Corporation

JAIME T. TORRES, Petitioner, versus CHINA BANKING CORPORATION, Respondent.

G.R. No. 165408 | 2010-01-15

D E C I S I O N


PERALTA, J.:

This is a petition for review on certiorari[1] seeking to reverse, vacate and set aside the Court of Appeals' Decision dated March 23, 2001 in CA-G.R. CV No. 46261, its Entry of Judgment issued on November 30, 2001, and its Resolution dated September 10, 2004, denying petitioner's Motion to Set Aside Entry of Judgment and to Resolve Appellant's Motion for Reconsideration.

The facts, as culled from the decision of the trial court[2] and the records, are as follows:

On August 27, 1986, petitioner Jaime T. Torres, as owner of St. James School, and respondent China Banking Corporation executed a mortgage...