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Bank of the Philippine Islands (BPI), as successor-in-Interest of Far Far East Bank & Trust Company vs. Cynthia L. Reyes

BANK OF THE PHILIPPINE ISLANDS, AS SUCCESSOR-IN-INTEREST OF FAR EAST BANK & TRUST COMPANY, Petitioner, versus CYNTHIA L. REYES, Respondent.

G.R. No. 182769 | 2012-02-01

FIRST DIVISION
 
DECISION
 
 
LEONARDO-DE CASTRO, J.:
 
This is a petition for review on certiorari under Rule 45 of the 1997 Rules of Civil Procedure of the Decision[1] dated April 30, 2008 of the Court of Appeals in CA-G.R. CV No. 88004, entitled “Bank of the Philippine Islands, as successor-in-interest of Far East Bank & Trust Company vs. Cynthia L. Reyes” which reversed the Decision[2] dated November 3, 2005 of the Regional Trial Court (RTC) of Makati City, Branch 148 in Civil Case No. 03-180.
         
The background facts of this case, as summed by the trial court, follow:
 
This...