Back

Paradigm vs. BPI

PARADIGM DEVELOPMENT CORPORATION OF THE PHILIPPINES, PETITIONER, V. BANK OF THE PHILIPPINES ISLANDS, RESPONDENT.

G.R. No. 191174 | 2017-06-07

D E C I S I O N
 
REYES, J.:
 
This is a Petition for Review on Certiorari[1] filed under Rule 45 of the Rules of Court assailing the Decision[2] dated November 25, 2009 and Resolution[3] dated February 2, 2010 of the Court of Appeals (CA) in CA-G.R. CV No. 89755, which granted respondent Bank of the Philippine Islands' (BPI) appeal and accordingly dismissed the complaint filed by petitioner Paradigm Development Corporation of the Philippines (PDCP).
 
The Facts
 
Sometime in February 1996, Sengkon Trading (Sengkon), a sole proprietorship owned by Anita Go, obtained a loan from Far East Bank and Trust Company (FEBTC) under...