Back

Insular Investment and Trust Corporation vs. Capital One Equities Corp. and Planters Development Bank, 671 SCRA 112

INSULAR INVESTMENT AND TRUST CORPORATION, Petitioner,vs.CAPITAL ONE EQUITIES CORP. (now known as CAPITAL ONE HOLDINGS CORP.) and PLANTERS DEVELOPMENT BANK, Respondents.

G.R. No. 183308 | 2012-04-25

THIRD DIVISION


D E C I S I O N

 

MENDOZA, J.:

 

 

This is a petition for review on certiorari under Rule 45 of the 1997 Revised Rules of Civil Procedure assailing the June 6, 2008 Decision[1] of the Court of Appeals (CA) in C.A.-G.R. CV No. 79320 entitled “Insular Investment and Trust Corporation v. Capital One Equities Corporation (now known as Capital One Holdings Corporation) and Planters Development Bank.”

 

THE FACTS

 

Based on the records of the case and on the September 2, 1999 Partial Stipulation of Facts and Documents[2] (the Partial Stipulation) agreed upon by the parties, the facts...