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Cameron Granville 3 vs. Chua etc.

CAMERON GRANVILLE 3 ASSET MANAGEMENT, INC., Petitioner, vs. FIDEL O. CHUA and FILIDEN REALTY AND DEVELOPMENT CORP., Respondents. Present: SERENO, CJ, Chairperson, LEONARDO-DE CASTRO, BERSAMIN,* PERLAS-BERNABE, and CAGUIOA, JJ

G.R. No. 191170 | 2016-09-14

Republic of the Philippines
Supreme Court
Manila
 
 
FIRST DIVISION
 
DECISION
 
SERENO, CJ:
 
This is a Petition for Review on Certiorari under Rule 45 of the Rules of Court seeking to nullify the Court of Appeals (CA) Decision1 and Resolution2 in CA-G.R. SP No. 103809. The CA Decision annulled the Orders3 of the Regional Trial Court of Paranaque City, Branch 258 (RTC Branch 258), which joined petitioner as party-defendant in Civil Case No. 01-0207. The CA Resolution denied petitioner's motion for reconsideration.
 
FACTS
 
In 1988, respondents obtained an initial loan of P4 million from the Metropolitan Bank...