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United Planters Sugar Milling Co., Inc. (UPSUMCO) vs. Court of Appeals [DISSENTING OPINION, CARPIO, J.]

UNITED PLANTERS SUGAR MILLING CO., INC., (UPSUMCO), Petitioners, versus THE HONORABLE COURT OF OF APPEALS, PHILIPPINE NATIONAL BANK (PNB) and ASSET PRIVATIZATION TRUST (APT), AS TRUSTEE OF THE REPUBLIC OF THE PHILIPPINES, Respondents. [DISSENTING OPINION, CARPIO, J.]

G.R. No. 126890 | 2009-04-02

DISSENTING OPINION

CARPIO, J.:

I vote to deny the second motions for reconsideration of respondents Privatization and Management Office (PMO), formerly the Asset Privatization Trust (APT), and Philippine National Bank (PNB) of the (1) Decision dated 28 November 2006 (Decision) ordering PMO and PNB to solidarily and individually pay sums of money to petitioner United Planters Sugar Milling Company, Inc. (UPSUMCO) and (2) the Resolution dated 11 July 2007 (Resolution) denying with finality PMO's and PNB's first motions for reconsideration.

In their second motions for reconsideration, PMO and PNB pray that that the Court set aside the Decision...