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Abaca Corp. Of the Phils. vs. Martin O. Garcia, et al.

THE ABACA CORPORATION OF THE PHILIPPINES represented by the Board of Liquidators, petitioner, vs. MARTIN O. GARCIA and the COURT OF APPEALS, respondents.

G.R. No. 118408 | 1997-05-14

D E C I S I O N


BELLOSILLO, J.:

THE ABACA CORPORATION OF THE PHILIPPINES (ABACORP), in this petition for review on certiorari pursuant to Rule 45 of the Rules of Court, seeks the reversal of the Decision of respondent Court of Appeals in CA-G.R. No. CV-204104 promulgated 30 June 1994 as well as its Resolution of 19 December 1994 denying reconsideration thereof, and praying for the reinstatement of the Decision of the Regional Trial Court Br. 10, Legaspi City, dated 29 November 1988 holding that

Defendant ABACORP or the Board of Liquidators is allowed to proceed with foreclosure proceedings and auction sale of all the 26 parcels of...