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Marcos V. Prieto vs. Court of Appeals, et al.

MARCOS V. PRIETO, Petitioner, vs. THE HON. COURT OF APPEALS (Former Ninth Division), HON. ROSE MARY R. MOLINA-ALIM, In Her Capacity as Pairing Judge of Branch 67 of the RTC, First Judicial Region, Bauang, La Union, FAR EAST BANK & TRUST COMPANY, now the BANK OF THE PHILIPPINE ISLANDS, through ATTY. EDILBERTO B. TENEFRANCIA, and SPOUSES ANTONIO and MONETTE PRIETO, Respondents.

G.R. No. 158597 | 2012-06-18

FIRST DIVISION


D E C I S I O N

         

 

BERSAMIN, J.:

 

 

          Ratification or confirmation may validate an act done in behalf of another without authority from the latter. The effect is as if the latter did the act himself.

 

Antecedents

 

On October 27, 1997, the Spouses Marcos V. Prieto (Marcos) and Susan M. Prieto filed in the Regional Trial Court (RTC) in Bauang, La Union a complaint against Far East Bank and Trust Company (FEBTC) and the Spouses Antonio Prieto (Antonio) and Monette Prieto to declare the nullity of...