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Philippine National Bank vs. Castalloy Technology Corporation, et al.

PHILIPPINE NATIONAL BANK, Petitioner,vs.CASTALLOY TECHNOLOGY CORPORATION, ALLIED INDUSTRIAL CORPORATION, ALINSU STEEL FOUNDRY CORPORATION, GLORIA C. NGO and TOMAS C. NGO, JR., Respondents.

G.R. No. 178367 | 2012-03-19

SECOND DIVISION


D E C I S I O N

 

REYES, J.:

 

          Before us is a petition for review on certiorari under Rule 45 of the Rules of Court, which seeks to annul and set aside the Decision[1] dated February 28, 2007 and Resolution[2] dated May 24, 2007 of the Court of Appeals (CA) in CA-G.R. SP No. 02056, affirming the Regional Trial Court (RTC), Branch 56 of Mandaue City’s issuance of a writ of preliminary injunction in Civil Case No. MAN-5081.

 

The Factual Antecedents

 

          On August 26, 1996,...