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Bignay EX-IM Philippines, Inc. Vs. Union Bank of the Philippines / Union Bank of the Philippines Vs. Bignay EX-IM Philippines, Inc.

BIGNA Y EX-IM PHILIPPINES, INC., Petitioner, vs. UNION BANK OF THE PIDLIPPINES, Respondent. G.R. No. 171590 ____________________________ UNION BANK OF THE PIDLIPPINES, Petitioner, vs. BIGNAY EX-IM PHILIPPINES, INC., Respondent. G.R. No.171598

G.R. No. 171590 & G.R. No. 171598 | 2014-02-12

SECOND DIVISION

DECISION

DEL CASTILLO, J.:

The gross negligence of the seller in defending its title to the property subject matter of the sale - thereby contravening the express undertaking under the deed of sale to protect its title against the claims of third persons resulting in the buyer's eviction from the property -. amounts to bad faith, and the buyer is entitled to the remedies afforded under Article 1555 of the Civil Code.

Before us are consolidated Petitions for Review on Certiorari' assailing the August 25, 2005 Decision2 of the Court of Appeals (CA) in CA-G.R. CV No. 67788 as well as its February 10, 2006 Resolution3 denying the...