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Edsel Liga Vs. Allegro Resources Corp.

EDSEL LIGA, Petitioner, versus ALLEGRO RESOURCES CORP., Respondent.

G.R. No. 175554 | 2008-12-23

D E C I S I O N


Tinga, J.:

Before the Court is the petition for review[1] under Rule 45 of the Rules of Court assailing the Court of Appeals' Decision[2] dated 25 January 2006 and Resolution[3] dated 22 November 2006 in CA-G.R. SP No. 86331.

The undisputed factual antecedents of the case are as follows:

On 10 October 1975, Ortigas & Company, Limited Partnership (Ortigas) entered into a lease agreement with La Paz Investment & Realty Corporation (La Paz) wherein the former leased to the latter its parcel of land located in San Juan, Metro Manila (now San Juan City) consisting of 5,514 square meters for a period of twenty-five (25)...