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Bank of the Philippines Islands Vs. Reynald R. Suarez

BANK OF THE PHILIPPINE ISLANDS, Petitioner, versus REYNALD R. SUAREZ, Respondents

G.R. No. 167750 | 2010-03-15

D E C I S I O N


CARPIO, J.:

The Case

This petition for review[1] assails the Decision dated 30 November 2004[2] and Resolution dated 11 April 2005 of the Court of Appeals in CA-G.R. CV No. 76988, affirming the trial court's decision of 18 October 2002 and denying reconsideration.

The Facts

Respondent Reynald R. Suarez (Suarez) is a lawyer who used to maintain both savings and current accounts with petitioner Bank of the Philippine Islands' (BPI) Ermita Branch from 1988 to 1997.

Sometime in 1997, Suarez had a client who planned to purchase several parcels of land in Tagaytay City, but preferred not to deal directly with the land...