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Union Bank of the Philippines Vs. Maunlad Homes, Inc., and all other persons or entities claiming rights under it 678 SCRA 539

UNION BANK OF THE PHILIPPINES, Petitioner, vs. MAUNLAD HOMES, INC. and all other persons or entities claiming rights under it, Respondents.

G.R. No. 190071 | 2012-08-15

SECOND DIVISION

D E C I S I O N 

BRION, J.: 

Before the Court is the petition for review on certiorari1 under Rule 45 of the Rules of Court filed by petitioner Union Bank of the Philippines (Union Bank), assailing the decision dated October 28, 20092 of the Court of Appeals (CA) in CA-G.R. SP No. 107772. 

THE FACTS 

Union Bank is the owner of a commercial complex located in Malolos, Bulacan, known as the Maunlad Shopping Mall. 

Sometime in August 2002, Union Bank, as seller, and respondent Maunlad Homes, Inc. (Maunlad Homes), as buyer, entered into a contract to sell3 involving the Maunlad Shopping Mall. The contract...