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The Wellex Group Inc. vs. Sheriff Urieta etc. [DECISION]

THE WELLEX GROUP, INC., PETITIONER, VS. SHERIFF EDGARDO A. URIETA OF THE SANDIGANBAYAN SECURITY AND SHERIFF SERVICES, THE SANDIGANBAYAN SECURITY AND SHERIFF SERVICES, AND BDO UNIBANK, INC. (FORMERLY EQUITABLE PCI BANK, INC.), RESPONDENTS.

G.R. No. 211098 | 2016-04-20

D E C I S I O N
 
PEREZ, J.:
 
Before this Court is a Petition,[1] on pure questions of law, assailing the Order dated 9 January 2012 of the Regional Trial Court of Makati City, Branch 132 (trial court) in Civil Case No. 09-399,[2] with a prayer for the issuance of a temporary restraining order and preliminary injunction against respondents, enjoining them and persons acting under their authority from selling 450,000,000 shares of Waterfront Philippines Inc. (WPI shares) that are owned and registered in the name of petitioner The Wellex Group, Inc. (Wellex).[3]

In resolving the prayer of Wellex for the issuance of injunctive...