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Metropolitan Bank and Trust Co. and Solidbank Corporation Vs. Bernardita H. Perez, represented by her Attorney in fact Patria H. Perez

METROPOLITAN BANK AND TRUST CO. and SOLIDBANK CORPORATION, Petitioners, versus BERNARDITA H. PEREZ, represented by her Attorney-in-Fact PATRIA H. PEREZ, Respondent

G.R. No. 181842 | 2010-02-05

D E C I S I O N


CARPIO MORALES, J.

On September 17, 1997, petitioner Solidbank Corporation (Solidbank) forged a lease contract with Bernardita H. Perez (respondent), represented by her attorney-in-fact Patria H. Perez[1], over two parcels of land located in Sta. Maria, Bulacan for a period of 15 years commencing on January 1, 1998. Solidbank was to, as it did, construct a one-storey building specifically suited for bank premises.

Solidbank was later acquired by its co-petitioner Metropolitan Bank and Trust Company (Metrobank), the latter as the surviving entity.

On September 24, 2002, Metrobank sent a notice of termination of the...