Back

Philippine National Bank vs. Hon. J. G. Paneda, et al

PHILIPPINE NATIONAL BANK, Petitioner, versus HON. JOSE G. PANEDA, in his capacity as Presiding Judge of the RTC, Br. 67, CONSOLACION CHAN, ELIZABETH CAPULLA, CAROLINE REYES, BERNARDO DE VERA, JULITA, LORNA, EDNA, RENE, MARITES, MARICAR, RICARDO, JR., and ROLANDO, all surnamed DE VERA, Respondents.

G.R. No. 149236 | 2007-02-14

D E C I S I O N


AUSTRIA-MARTINEZ, J.:
 

Before the Court is a Petition for Review on Certiorari under Rule 45 of the Rules of Court questioning the Decision[1] dated April 20, 2001, promulgated by the Court of Appeals (CA) in CA-G.R. SP No. 51820, which affirmed in toto the Order dated February 18, 1999 of the Regional Trial Court (RTC), Branch 67, Bauang, La Union, docketed as Civil Case No. 594-BG; and the CA Resolution[2] dated July 31, 2001 which denied petitioner's Motion for Reconsideration.
 
The antecedents of the case, as found by the RTC and upheld by the CA, are as follows:
 

 

x x x [O]n October 9, 1985, private...