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DEVELOPMENT BANK OF THE PHILIPPINES,</b> Petitioner, vs. ENVIRONMENTAL AQUATICS, INC., LAND SERVICES AND MANAGEMENT ENTERPRISES, INC. and MARIO MATUTE Respondents.

Development Bank of the Philippines vs. Environmental Aquatics, Inc., et al.

G.R. No. 174329 | 2010-10-20



Republic of the Philippines
SUPREME COURT
Manila


SECOND DIVISION


G.R. No. 174329               October 20, 2010


DEVELOPMENT BANK OF THE PHILIPPINES, Petitioner,

vs.

ENVIRONMENTAL AQUATICS, INC., LAND SERVICES AND MANAGEMENT ENTERPRISES, INC. and MARIO MATUTE Respondents.


D E C I S I O N


CARPIO, J.:


The Case


This is a petition1 for review on certiorari under Rule 45 of the Rules of Court. The petition challenges the 16 January 2006 Decision2 and 16 August 2006 Resolution3 of the Court of Appeals in CA-G.R. CV No. 46207. The Court of Appeals affirmed with modification the 7 January 1994 Decision4 of the Regional...