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Felsan Realty & Devt. Corp. vs. Commonwealth of Australia

FELSAN REALTY & DEVELOPMENT CORPORATION, Petitioner, versus COMMONWEALTH OF AUSTRALIA, Respondent.

G.R. No. 169656 | 2007-10-11

D E C I S I O N


NACHURA, J.:

This is a petition for review of the Decision[1] of the Court of Appeals (CA) in CA-G.R. CV No. 69475, dated December 2, 2004, and Resolution dated September 13, 2005 denying the motion for reconsideration of the said decision.

Petitioner Felsan Realty & Development Corporation is the owner of a three-storey duplex residential house located at San Lorenzo Village, Makati City. On February 25, 1997, respondent Commonwealth of Australia entered into a contract of lease over the said property with the petitioner. The lease was for two years from February 22, 1997 until February 21, 1999, and the agreed...