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ADERITO Z. YUJUICO, PETITIONER, VS. UNITED RESOURCES ASSET MANAGEMENT, INC., ATTY. RICHARD J. NETHERCOTT AND ATTY. HONORATO R. MATABAN, RESPONDENTS.

ADERITO Z. YUJUICO, PETITIONER, VS. UNITED RESOURCES ASSET MANAGEMENT, INC., ATTY. RICHARD J. NETHERCOTT AND ATTY. HONORATO R. MATABAN, RESPONDENTS.

G.R. No. 211113 | 2015-06-29

FIRST DIVISION
 
D E C I S I O N

PEREZ, J.:

This case is an appeal[1] from the Decision[2] dated 12 August 2013 and Resolution[3] dated 29 January 2014 of the Court of Appeals in CA-G.R. SP No. 117431.
 
The antecedents:

Prelude
 
The Strategic Alliance Development Corporation (STRADEC) is a domestic corporation operating as a business development and investment company.
 
In 2000, several stockholders[4] of STRADEC executed Pledge Agreements[5] whereby they pledged a certain amount of their stocks[6] in the said company in favor of the respondent United Resources Asset Management, Inc. (URAMI). These pledges were meant to secure...