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Sps. Chua vs. UCPB

SPS. FELIX A. CHUA AND CARMEN L. CHUA; JAMES B. HERRERA; EDUARDO L. ALMENDRAS; MILA NG ROXAS; EUGENE C. LEE; EDICER H. ALMENDRAS; BENEDICT C. LEE; LOURDES C. NG; AND LUCENA INDUSTRIAL CORPORATION, LUCENA GRAND CENTRAL TERMINAL, INC., REPRESENTED BY FELIX A. CHUA, PETITIONERS, VS. UNITED COCONUT PLANTERS BANK; ASSET POOL A (SPV­AMC); REVERE REALTY AND DEVELOPMENT CORPORATION; JOSE C. GO; AND THE REGISTRAR OF DEEDS OF LUCENA CITY, RESPONDENTS.

G.R. No. 215999 | 2018-12-17

R E S O L U T I O N
 
BENGZON, C.J.:
 
We hereby consider and resolve: (1) the respective motions for reconsideration filed by respondents United Coconut Planters Bank (UCPB),[1] Asset Pool A,[2] and Revere Realty Corp. and Jose Go;[3] (2) the motion to inhibit the Third Division, and to reassign the case to another Division of the Court by raffle;[4] and (3) the urgent motions to refer the case to the Court En Banc.[5]
 
Antecedents

For perspective, the Court revisits the factual and procedural antecedents.

Petitioners Felix A. Chua and Carmen L. Chua (Spouses Chua) and their co-petitioners entered into a...