Back

Bank of the Philippine Islands (BPI) vs. Court of Appeals

BANK OF THE PHILIPPINE ISLANDS (formerly FAR EAST BANK AND TRUST COMPANY), Petitioner, versus COURT OF APPEALS and JIMMY T. GO, Respondents.

G.R. No. 142731 | 2006-06-08

SECOND DIVISION

D E C I S I O N

AZCUNA, J.:

This is a petition for review on certiorari filed by Bank of the Philippine Islands of the decision and resolution of the Court of Appeals, which in turn partially denied a petition for certiorari questioning the temporary restraining order (TRO) and preliminary injunction issued by Judge Urbano C. Victorio, Sr. [1]

The facts as narrated in the Court of Appeals decision are as follows:

Petitioner, Far East Bank and Trust Company, granted a total of eight (8) loans to Noah's Arc Merchandising (Noah's Ark, for brevity). Per Certificate of Registration issued by the Department of Trade and Industry...