Back

Standard Chartered Bank vs. Philippine Investment Two (SPV-AMC)

STANDARD CHARTERED BANK, PHILIPPINE BRANCH, PETITIONER, VS. PHILIPPINE INVESTMENT TWO (SPV-AMC), INC., PHILIPPINE INVESTMENT ONE (SPV-AMC), INC., AND MRM ASSET HOLDINGS 2, INC., RESPONDENTS, G.R. No. 216702-03 PHILIPPINE INVESTMENT TWO (SPV-AMC), INC., PETITIONER, VS. STANDARD CHARTERED BANK, REPRESENTED BY DUNCAN VAN DER FELTZ, AND ATTY. PATRICIA-ANN T. PRODIGALIDAD, RESPONDENTS.

G.R. Nos. 216608 & 216625 | 2023-04-26

D E C I S I O N
 
LOPEZ, J., J.:
 
This Court resolves the consolidated Petitions for Review on Certiorari[1] under Rule 45 of the Rules of Court, seeking to reverse and set aside the Decision[2] and Resolution[3] of the Court of Appeals (CA), which denied the (1) Petition for Review of Standard Charter Bank Philippines (SCB Philippines) from the Joint Resolution of the Regional Trial Court (RTC) of Branch 149, Makati City in SP Case No. M-6683, and the (2) Petition for Indirect Contempt[4] filed by the Philippine Investment Two (SPY-AMC), Inc. (PI Two).
 
Facts

Standard Chartered Bank (SCB) is a foreign...