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RCBC Capital Corporation Vs. Banco De Oro Unibank, Inc./Banco De Oro Unibank, Inc. Vs. Court of Appeals, et al.

RCBC CAPITAL CORPORATION, Petitioner, versus BANCO DE ORO UNIBANK, INC., Respondent. and BANCO DE ORO UNIBANK, INC., Petitioner, versus COURT OF APPEALS and RCBC CAPITAL CORPORATION, Respondents.

G.R. Nos. 196171 and 196171 and G.R. No. 199238 | 2012-12-10

FIRST DIVISION

DECISION

VILLARAMA, JR., J.:

Before the Court are two consolidated petitions separately filed by the parties  in  an  arbitration case administered by the International Chamber of Commerce-International Court of Arbitration (ICC-ICA) pursuant  to  the arbitration clause in their contract. 

The Case

In G.R. No. 196171, a petition for review under Rule 45 of the 1997 Rules of Civil Procedure, as amended, RCBC Capital Corporation (RCBC) seeks to reverse the Court of Appeals (CA) Decision1 dated December 23, 2010 in CA-G.R. SP No. 113525 which reversed and set aside...