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Magdiwang Realty Corporation, Renato P. Dragon and Esperanza Tolentino Vs. The Manila Banking Corporation, substituted by First Sovereign Asset Management [SPV-AMC], Inc.

MAGDIWANG REALTY CORPORATION, RENATO P. DRAGON and ESPERANZA TOLENTINO, Petitioners, versus THE MANILA BANKING CORPORATION, substituted by FIRST SOVEREIGN ASSET MANAGEMENT (SPV-AMC), INC., Respondent.

G.R. No. 195592 | 2012-09-05

FIRST DIVISION

D E C I S I O N 


REYES, J.: 


          This resolves the petition for review on certiorari filed under Rule 45 of the Rules of Court which questions. the Decision 1 dated October 11, 201 0 and Resolution2 dated January 31, 2011 of the Court of Appeals (CA) in CA-G .R. CV No. 90098 entitled The Manila Banking Corporation, substituted by First Sovereign Asset Management, Inc., Plaintiff-Appellee, v. Magdiwang Realty Corporation, Renata P. Dragon and Esperanza Tolentino, Defendants-Appellants. 


The Factual Antecedents 

          The case stems from a...