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Gotesco Properties Inc. vs. Solidbank Corp.

GOTESCO PROPERTIES, INC., PETITIONER, VS. SOLIDBANK CORPORATION (NOW METROPOLITAN BANK AND TRUST COMPANY), RESPONDENT.

G.R. No. 209452 | 2017-07-26

DECISION
 
LEONEN, J.:
 
The requirement for publication of a Notice of Sale in an extrajudicial foreclosure is complied with when the publication is circulated at least in the city where the property is located.

This is a Petition for Review on Certiorari[1] assailing the May 31, 2013 Decision[2] and October 7, 2013 Resolution[3] of the Court of Appeals in CA-G.R. CV No. 97748. The Court of Appeals affirmed the Decision of the Regional Trial Court, which dismissed the complaint filed by petitioner Gotesco Properties, Inc. (Gotesco) for the annulment of the foreclosure proceeding. The Court of Appeals also upheld the issuance of a...