Back

Tala Realty etc. vs. Banco Filipino

TALA REALTY SERVICES CORP., INC., PEDRO B. AGUIRRE, REMEDIOS A. DUPASQUIER, DOLLY LIM, RUBENCITO M. DEL MUNDO AND ELIZABETH H. PALMA, PETITIONERS, VS. BANCO FILIPINO SAVINGS & MORTGAGE BANK, RESPONDENT.

G.R. No. 181369 | 2016-06-22

D E C I S I O N
 
JARDELEZA, J.:
 
In G.R. No. 188302[1] (2012) and the consolidated cases of G.R. Nos. 130088, 131469, 155171, 155201 and 166608[2] (2009), we applied the rule of stare decisis to deny Banco Filipino's claims for reconveyance of various real properties based on a trust agreement that we previously declared void in G.R. No. 137533[3] (2002). This case raises the question of whether Banco Filipino Savings & Mortgage Bank's (Banco Filipino) complaint for reconveyance in the proceedings below is likewise precluded by stare decisis and conclusiveness of judgment.
 
I
 
On September 5, 1995, Banco...