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Antonio Chieng etc. Vs. Sps. Eulogio and Teresita Santos

ANTONIO CHIENG, substituted by WILLIAM CHIENG, Petitioner, versus Spouses EULOGIO and TERESITA SANTOS, Respondents.

G.R. No. 169647 | 2007-08-31

D E C I S I O N


CHICO-NAZARIO, J.:

Before this Court is a Petition for Review on Certiorari under Rule 45 of the Rules of Court,[1] praying that the Decision, dated 13 September 2005 of the Court of Appeals in CA-G.R. CV No. 79971[2] be set aside and the Decision[3] and Order[4] of the Olongapo City Regional Trial Court (RTC), Branch 74, in Civil Case No. 239-0-93, dated 23 October 2001 and 11 January 2002, respectively, which were reversed by the appellate court, be reinstated.

Stripped of the non-essentials, the facts are as follows:

On 17 August 1989, petitioner Antonio Chieng[5] extended a loan in favor of respondent spouses...