Back

Fort Bonifacio Development Corporation vs. Yllas Lending Corporation, et al.

FORT BONIFACIO DEVELOPMENT CORPORATION, Petitioner,versus YLLAS LENDING CORPORATION and JOSE S. LAURAYA,in his official capacity as President,Respondents.

G.R. No. 158997 | 2008-10-06

D E C I S I O N

CARPIO, J.:

The Case

This is a petition for review on certiorari[1] of the Orders issued on 7 March 2003[2] and 3 July 2003[3] by Branch 59 of the Regional Trial Court of Makati City (trial court) in Civil Case No. 01-1452. The trial court's orders dismissed Fort Bonifacio Development Corporation's (FBDC) third party claim and denied FBDC's Motion to Intervene and Admit Complaint in Intervention.

The Facts

On 24 April 1998, FBDC executed a lease contract in favor of Tirreno, Inc. (Tirreno) over a unit at the Entertainment Center - Phase 1 of the Bonifacio Global City in Taguig, Metro Manila. The parties had the lease...