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Far East Bank and Trust Company (Now Bank of the Philippine Islands) and Rolando Borja, Deputy Sherrif Vs. Sps. Ernesto and Leonor C. Cayetano

FAR EAST BANK AND TRUST COMPANY (NOW BANK OF THE PHILIPPINE ISLANDS) AND ROLANDO BORJA, DEPUTY SHERIFF, Petitioners, versus SPS. ERNESTO AND LEONOR C. CAYETANO, Respondents

G.R. No. 179909 | 2010-01-25

DECISION


VILLARAMA, JR., J.:

This is a petition for review[1] under Rule 45 of the 1997 Rules of Civil Procedure, as amended, of the December 8, 2006 Decision[2] of the Court of Appeals in CA-G.R. CV No. 76382 which affirmed the May 24, 2002 Decision[3] of the Regional Trial Court (RTC) of Naga City, Branch 61 and dismissed petitioner Far East Bank and Trust Company's appeal. The appellate court likewise denied its motion for reconsideration in a Resolution[4] dated September 6, 2007.

The undisputed facts of the case are summarized as follows:

Respondent Leonor C. Cayetano (Cayetano) executed a special power of attorney in favor of...