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Ferro Chemicals, Inc. vs. Garcia etc.

FERRO CHEMICALS, INC., Petitioner, vs. ANTONIO M. GARCIA, ROLANDO NAVARRO, JAIME Y. GONZALES and CHEMICAL INDUSTRIES OF THE PHILIPPINES, INC., Respondents. x----------------------------------------x G.R. No. 168183 JAIME Y. GONZALES, Petitioner, vs. HON. COURT OF APPEALS and FERRO CHEMICALS, INC., Respondents. x----------------------------------------x G.R. No. 168196 ANTONIO M. GARCIA, Petitioner, vs. FERRO CHEMICALS, INC., Respondent. Present: VELASCO, JR., J, Chairperson, PERALTA, PEREZ, REYES, and JARDELEZA, JJ

G.R. No. 168134 | 2016-10-05

Republic of the Philippines
Supreme Court
Manila
 
 
THIRD DIVISION
 
DECISION
 
PEREZ, J:
 
Before us are three consolidated Petitions for Review on Certiorari assailing the 3 March 2004 Decision1 and the 17 May 2005 Resolution2 of the Court of Appeals (CA) in CA-G.R. CV No. 69970, which affirmed with modification the 4 September 2000 Decision3 of the Regional Trial Court (RTC) of Makati City, Branch 61. The RTC found Antonio M. Garcia, Jaime Y. Gonzales, Rolando Navarro and Chemical Industries of the Philippines, Inc. solidarily liable for the amount of P256,255,537.41, representing the value of the shares of stocks here...