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Ricardo Bembo, Et Al. Vs. Court Of Appeals, Et Al.

SPS. RICARDO BEMBO and NICOLASA BEMBO, petitioner, vs. COURT OF APPEALS and THE PANGASINAN DEVELOPMENT BANK, respondent.

G.R. No. 116845 | 1995-11-29

D E C I S I O N


MENDOZA, J.:

Petitioners, spouses Ricardo and Nicolasa Bembo, brought this case for declaratory relief in the Regional Trial Court (Branch 41) at Dagupan City. Upon their motion, the court declared private respondent Pangasinan Development Bank as in default for failure of its representative and its counsel to appear at the pretrial conference held on December 6, 1993. However, upon petition of private respondent, the Court of Appeals' Third Division set aside the orders of default, finding that they had been issued with grave abuse of discretion. Hence this petition filed by the spouses Ricardo and Nicolasa Bembo for a...