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G.G. Sportswear Mfg. Corp Vs. World Class Properties, Inc.

G.G. SPORTSWEAR MFG. CORP., Petitioner, versus WORLD CLASS PROPERTIES, INC., Respondent.

G.R. No. 182720 | 2010-03-02

D E C I S I O N


BRION, J.:

Through its petition for review on certiorari, the petitioner G.G. Sportswear Mfg. Corp. (GG Sportswear) seeks to reverse the December 19, 2007 decision[1] and the January 2, 2008 resolution[2] of the Court of Appeals (CA) denying: (1) the rescission of its Reservation Agreement with the respondent, World Class Properties, Inc. (World Class) and (2) a refund of the payments made pursuant to this Agreement.

The facts, as culled from the records, are briefly summarized below.

World Class is the owner/developer of Global Business Tower (now Antel Global Corporate Center), an office condominium project located...