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Danilo Mendoza vs CA, PNB, et al

DANILO D. MENDOZA, also doing business under the name and style of ATLANTIC EXCHANGE PHILIPPINES, petitioner, vs. COURT OF APPEALS, PHILIPPINE NATIONAL BANK, FERNANDO MARAMAG, JR., RICARDO G. DECEPIDA and BAYANI A. BAUTISTA, respondents.

G.R. No. 116710 | 2001-06-25

D E C I S I O N

DE LEON, JR., J.:

Before us is a petition for review on certiorari of the Decision[1] dated August 8, 1994 of the respondent Court of Appeals (Tenth Division) in CA-G.R. CV No. 38036 reversing the judgment[2] of the Regional Trial Court (RTC) and dismissing the complaint therein.

Petitioner Danilo D. Mendoza is engaged in the domestic and international trading of raw materials and chemicals. He operates under the business name Atlantic Exchange Philippines (Atlantic), a single proprietorship registered with the Department of Trade and Industry (DTI). Sometime in 1978 he was granted by respondent Philippine National Bank...