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Sps. Erlando A. Abrenica and Joena B. Abrenica vs. Law Firm of Abrenica, Tungol and Tibayan, et al.

SPOUSES ATTY. ERLANDO A. ABRENICA and JOENA B. ABRENICA, Petitioners, vs. LAW FIRM OF ABRENICA, TUNGOL and TIBAYAN, ATTYS. ABELARDO M. TIBAYAN and DANILO N. TUNGOL, Respondents.

G.R. No. 180572 | 2012-06-18

SECOND DIVISION
D E C I S I O N
 
SERENO, J.:
 
The present case is a continuation of G.R. No. 169420[1] decided by this Court on 22 September 2006. For brevity, we quote the relevant facts narrated in that case:
 
Petitioner Atty. Erlando A. Abrenica was a partner of individual respondents, Attys. Danilo N. Tungol and Abelardo M. Tibayan, in the Law Firm of Abrenica, Tungol and Tibayan (“the firm”).
 
In 1998, respondents filed with the Securities and Exchange Commission (SEC) two cases against petitioner. The first was SEC Case No. 05-98-5959, for Accounting and Return and Transfer of Partnership Funds With...