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Rizal Commercial Banking Corporation Vs. Marcopper Mining Corporation

RIZAL COMMERCIAL BANKING CORPORATION, Petitioner, versus MARCOPPER MINING CORPORATION, Respondent

G.R. No. 170738 | 2009-10-30

RESOLUTION


QUISUMBING, J.:

For resolution is the Motion for Reconsideration[1] filed by respondent Marcopper Mining Corporation (Marcopper) seeking to set aside the Court's Decision[2] dated September 12, 2008 in favor of petitioner Rizal Commercial Banking Corporation (RCBC). The dispositive portion of the Decision reads:

WHEREFORE, the petition is GRANTED. The assailed Decision dated June 6, 2005 and the Resolution dated December 8, 2005 of the Court of Appeals in CA-G.R. CV No. 77594 are REVERSED and SET ASIDE. Marcopper is directed to pay RCBC the following amounts expressly stipulated in the Non-Negotiable Promissory Note Nos....