Back

BF Homes, Incorporated Vs. Court Of Appeals, Et Al.

BF HOMES, INCORPORATED, petitioner, vs. COURT OF APPEALS, ROSALINDA R. ROA and VICENTE MENDOZA, respondents.

G.R. Nos. 76879 | 1990-10-03

D E C I S I O N


CRUZ, J.:

Involved here are two petitions for review assailing the decision of the Court of Appeals in CA-G.R. No. Sp 05411, entitled BF Homes, Inc. v. Judge Tutaan, et al., dated June 6, 1986, as amended on October 22, 1986.
BF Homes, Inc. is a domestic corporation previously engaged in the business of developing and selling residential lots and houses and other related realty matters.

On July 19, 1984, BF contracted a loan from Rosalinda R. Roa and Vicente Mendoza in the amount of P250,000.00 with interest at the rate of 33% per annum payable after 32 days. The obligation was embodied in a promissory note and secured...