Back

Florendo vs. Paramount Insurance Corp.

ROSARIO T. FLORENDO, FOR HERSELF AND THE OTHER HEIRS OF THE LATE DR. REGALADO FLORENDO, Petitioner, versus PARAMOUNT INSURANCE CORP. (NOW RENAMED AS MAA GENERAL ASSURANCE, INC.), Respondent

G.R. No. 167976 | 2010-01-20

DECISION


ABAD, J.:

This case is about what a trial court may consider "good reasons" for allowing the execution of its judgment pending appeal.

The Facts and the Case

On March 11, 1999 petitioner Rosario Florendo (Rosario) and the other heirs of her late husband, Regalado Florendo, (collectively, the Florendos) filed before the Regional Trial Court (RTC) of Imus, Cavite, an action against respondent Paramount Insurance Corp. (Paramount) for annulment of its liens over their lands.

The Florendos claimed that on February 26, 1980 Rosario and her husband bought five agricultural lots, consisting of about 9.5 hectares, in...