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Luz Du vs Stronghold Insurance Co

LUZ DU, Petitioner, STRONGHOLD INSURANCE CO., INC., Respondent.

G.R. No. 156580 | 2004-07-14

DECISION





PANGANIBAN, J.:



P

reference is given to a duly registered attachment over a subsequent notice of lis pendens, even if the beneficiary of the notice acquired the subject property before the registration of the attachment. Under the torrens system, the auction sale of an attached realty retroacts to the date the levy was registered.

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* On leave.

The Case


Before us is a Petition for Review[1] under Rule 45 of the Rules of Court, seeking to nullify the March 19, 2002 Decision[2] and the December 5, 2002 Resolution[3] of the Court of Appeals (CA) in CA-GR CV No. 50884. The CA disposed as follows:



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