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Roberto Rosales, et al vs Hon CA and National Develoment Corp, et al

ROBERTO G. ROSALES, as successor-in-interest of NAPOLEON S. ROSALES and LUIS BUSTILLO, petitioners, vs. THE HON. COURT OF APPEALS and NATIONAL DEVELOMENT CORPORATION, as substituted plaintiff and the successor-in-interest of CONTINENTAL BANK, respondents.

G.R. No. 137566 | 2001-02-28

D E C I S I O N

YNARES-SANTIAGO, J.:

This is a petition for review assailing the decision of the Court of Appeals dated January 6, 1999, and the resolution dated February 18, 1999, in CA-G.R. SP No. 46391.

On April 12, 1966, the Continental Bank instituted Civil Case No. 612 with the then Court of First Instance of Balayan, Batangas, Branch 7, entitled, "Continental Bank, Plaintiff versus Atlas Timber Company, Napoleon S. Rosales and Luis Bustillo, Defendants." The complaint[1] alleged that Atlas Timber Company, through its Managing Partner Napoleon Rosales, and Luis Bustillo in his personal capacity, executed in favor of Continental...