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Pacific Ace Finance Ltd. vs. Eiji Yanagisawa

PACIFIC ACE FINANCE LTD. (PAFIN), Petitioner, vs. EIJI* YANAGISAWA, Respondent.

G.R. No. 175303 | 2012-04-11

FIRST DIVISION


D E C I S I O N

 

DEL CASTILLO, J.:

 

            An undertaking not to dispose of a property pending litigation, made in open court and embodied in a court order, and duly annotated on the title of the said property, creates a right in favor of the person relying thereon.  The latter may seek the annulment of actions that are done in violation of such undertaking.

 

            Before us is a Petition for Review[1] of the August 1, 2006 Decision[2] of the Court of Appeals...