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Bangko Sentral ng Pilipinas vs. Spouses Ledesma

BANGKO SENTRAL NG PILIPINAS AND PHILIPPINE NATIONAL BANK, PETITIONERS, V. SPOUSES JUANITO AND VICTORIA LEDESMA, RESPONDENTS. [G.R. No. 211583, February 6, 2019] PHILIPPINE NATIONAL BANK, PETITIONER, V. SPOUSES JUANITO AND VICTORIA LEDESMA, RESPONDENTS.

G.R. No. 211176 | 2019-02-06

D E C I S I O N
 
LEONEN, J.:
 
This case involves the determination of whether the Bangko Sentral ng Pilipinas and the Philippine National Bank are liable to the sugar producers for the refund of excess payments under Republic Act No. 7202,[1] or the Sugar Restitution Law.
 
These are two (2) Petitions[2] for Review on Certiorari assailing the Court of Appeals May 29, 2013 Decision[3] and January 29, 2014 Resolution[4] in CA-G.R. CV No. 02904. The Court of Appeals reversed and set aside the November 17, 2008 Decision[5] of the Regional Trial Court in Civil Case No. 01-11591 for Sum of Money/Refund of...