Back

Spouses Edmundo and Lourdes Sarrosa Vs. Willy O. Dizon

SPOUSES EDMUNDO and LOURDES SARROSA, Petitioners, versus WILLY O. DIZON, Respondent.

G.R. No. 183027 | 2010-07-26

D E C I S I O N


PERALTA, J.:

This is a petition for review on certiorari[1] of the Decision[2] of the Court of Appeals in CA-G.R. SP No. 100730, dated March 27, 2008, and its Resolution[3] dated May 20, 2008, denying petitioners', the spouses Edmundo and Lourdes Sarrosa's, motion for reconsideration. The Court of Appeals dismissed the petition for certiorari filed by petitioners for failure to state material dates and for lack of merit.

The facts are as follows:

On March 31, 2001, petitioners spouses Edmundo and Lourdes Sarrosa obtained a loan from respondent Willy Dizon in the amount of Two Million Pesos (P2,000,000.00). The loan was...