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Adriatico Consortium, Inc. Primary Realty Corp., and Benito Cu-Uy-Gam Vs. Land Bank of the Philippines

ADRIATICO CONSORTIUM, INC., PRIMARY REALTY CORPORATION, and BENITO CU-UY-GAM, Petitioners, versus LAND BANK OF THE PHILIPPINES, Respondent

G.R. No. 187838 | 2009-12-23

D E C I S I O N


VELASCO, JR., J.:


The Case

Before us is a Petition for Review on Certiorari under Rule 45 assailing and seeking to set aside the Decision[1] and Resolution[2] dated October 16, 2008 and May 13, 2009, respectively, of the Court of Appeals (CA) in CA-G.R. SP No. 103717. The CA nullified and set aside the Orders dated February 29, 2008, March 5, 2008, March 17, 2008, and April 21, 2008, with the assailed March 5, 2008 Writ of Execution and March 14, 2008 Writ of Preliminary Injunction, issued by the Regional Trial Court (RTC), Branch 51 in Manila, in Civil Case No. 00-97648.

The Facts

Sometime in 1997, William A. Siy,...