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Quiambao vs. Sumbilla

[ G.R. No. 192901 ] CEZAR QUIAMBAO AND OWEN S. CARSI-CRUZ, PETITIONERS, VS. BONIFACIO C. SUMBILLA AND ADERITO Z. YUJUICO, RESPONDENTS. [G.R. No. 192903] ANTHONY K. QUIAMBAO, PETITIONER, VS. BONIFACIO C. SUMBILLA AND ADERITO Z. YUJUICO, RESPONDENTS.

G.R. No. 192901/G.R. No. 192903 | 2023-02-01

D E C I S I O N
 
GAERLAN, J.:
 
Before this Court is a Petition for Review on Certiorari[1] dated August 2, 2010, assailing the Decision[2] dated January 27, 2010 and the Resolution[3] dated July 6, 2010 of the Court of Appeals (CA) in CA-G.R. SP No. 109312.
 
Factual Antecedents
 
The instant case arose from the filing of three separate complaints by Bonifacio C. Sumbilla and Aderito Z. Yujuico (collectively, respondents), members of the Board of Directors of Pacifica, Inc. (Pacifica), namely:
 
(1)
Securities and Exchange (SEC) Case No. 07-95 in the Regional Trial Court (RTC) of Pasig City (Pasig...