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Ruben Martinez,et al vs CA and BPI Int'l Finance

RUBEN MARTINEZ,* substituted by his heirs, MENA CONSTANTINO MARTINEZ, WILFRIDO C. MARTINEZ, EMMA M. NAVA, and EDNA M. SAKHRANI, Petitioners, versus COURT OF APPEALS and BPI INTERNATIONAL FINANCE, Respondents.

G.R. No. 131673 | 2004-09-10

D E C I S I O N


CALLEJO, SR., J.:

Before us is a petition for review on certiorari of the Decision[1] of the Court of Appeals, in CA-G.R. CV No. 43985, modifying the Decision[2] of the Regional Trial Court of Kalookan City, Branch 122, in Civil Case No. C-10811.

The antecedents are as follows:

Respondent BPI International Finance[3] is a foreign corporation not doing business in the Philippines, with office address at the Bank of America Tower, 12 Harcourt Road, Central Hongkong. It was a deposit-taking company organized and existing under and by virtue of the laws of Hongkong, and was also engaged in investment banking operations therein.

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