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A. Francisco Realty and Development Corporation vs. CA, et al.

A. FRANCISCO REALTY AND DEVELOPMENT CORPORATION, petitioner, vs. COURT OF APPEALS and SPOUSES ROMULO S.A. JAVILLONAR and ERLINDA P. JAVILLONAR, respondents.

G.R. No. 125055 | 1998-10-30

D E C I S I O N


MENDOZA, J.:

This is a petition for review on certiorari of the decision rendered on February 29, 1996 by the Court of Appeals1 [Per Justice Conrado M. Vasquez, Jr. and concurred in by Justices Gloria C. Paras and Angelina Sandoval-Gutierrez.] reversing, in toto, the decision of the Regional Trial Court of Pasig City in Civil Case No. 62290, as well as the appellate court's resolution of May 7, 1996 denying reconsideration.

Petitioner A. Francisco Realty and Development Corporation granted a loan of P7.5 Million to private respondents, the spouses Romulo and Erlinda Javillonar, in consideration of which the latter executed the...