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Elpidio S. Uy etc. vs. Hon. CA, et al

ELPIDIO S. UY, DOING BUSINESS UNDER THE NAME AND STYLE EDISON DEVELOPMENT & CONSTRUCTION, PETITIONER, VERSUS HONORABLE COURT OF APPEALS AND THE HERITAGE PARK MANAGEMENT CORPORATION (HPMC), RESPONDENTS.

G.R. No. 157065 | 2006-07-11

THIRD DIVISION

DECISION 

QUISUMBING, J.: 

This is a Petition for Review seeking to reverse and set aside the Decision[1] dated January 31, 2003 of the Court of Appeals in CA-G.R. SP. No. 69771. 

The Heritage Memorial Park is a flagship project of the Bases Conversion Development Authority (BCDA) in Fort Bonifacio. To implement the project, the BCDA, on September 9, 1994, entered into an agreement denominated as the Pool Formation Trust Agreement[2] (PFTA) with the Philippine National Bank (PNB) and the Public Estates Authority (PEA). The BCDA was designated as the Project Owner; PEA, the Project Manager; and PNB as the...