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Fort Bonifacio Development Corporation Vs. Hon. Edwin D. Sorongon, et al.

FORT BONIFACIO DEVELOPMENT CORPORATION, Petitioner, versus HON. EDWIN D. SORONGON and VALENTIN FONG, Respondents.

G.R. No. 176709 | 2009-05-08

D E C I S I O N


Tinga, J.:

Petitioner Fort Bonifacio Development Corporation (petitioner), a corporation registered under Philippine laws, is engaged in the business of real estate development. Respondent, Valentin Fong (respondent) doing business under the name VF Industrial Sales is the assignee of L & M Maxco Specialist Construction's (Maxco) retention money from the Bonifacio Ridge Condominium Phase 1 (BRCP 1).

In this Petition for Review,[1] petitioner assails the Decision[2] of the Court of Appeals dated November 30, 2006 which ruled that it is the regional trial court and not the Construction Industry Arbitration Commission...