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Centennial Guarantee Assurance Corporation vs. Universal Motors Corporation et al.

CENTENNIAL GUARANTEE ASSURANCE CORPORATION, PETITIONER, VS. UNIVERSAL MOTORS CORPORATION, RODRIGO T. JANEO, JR., GERARDO GELLE, NISSAN CAGAYAN DE ORO DISTRIBUTORS, INC., JEFFERSON U. ROLIDA, AND PETER YAP, RESPONDENTS.

G.R. No. 189358 | 2014-10-08

FIRST DIVISION
 
D E C I S I O N

PERLAS-BERNABE, J.:

Assailed in this petition for review on certiorariare the Decision2 dated February 25, 2009 and the Resolutiondated August 14, 2009 of the Court of Appeals (CA) in CA-G.R. SP No. 02459-MIN which affirmed, in part, the Order4 dated May 13, 2008 of the Regional Trial Court of Cagayan de Oro City, Branch 39 (RTC) allowing the execution pending appeal of the Decision5 dated October 31, 2007 (October 31, 2007 Decision) of the RTC in  Civil Case No. 2002-058, but limiting the amount of petitioner Centennial Guarantee Assurance Corporation’s (CGAC)...