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Heirs of Fe Tan Uy (Represented by her heir, Manling Uy Lim) Vs. International Exchange Bank/Goldkey Development Corporation Vs. International Exchange Bank

Heirs of Fe Tan Uy (Represented by her heir, Manling Uy Lim), Petitioner Vs. International Exchange Bank/Goldkey Development Corporation Vs. International Exchange Bank, Respondent

G.R. No. 166282/G.R. No. 166283 | 2013-02-13



THIRD DIVISION

DECISION 

MENDOZA, J.:

Before the Court are two consolidated petitions for review on certiorari under Rule 45 of the 1997 Revised Rules of Civil Procedure, assailing the August 16, 2004 Decision1 and the December 2, 2004

Resolution2 of the Court of Appeals (CA) in CA-G.R. CV No. 69817 entitled  "International Exchange Bank v. Hammer Garments Corp., et al."


The Facts

On several occasions, from June 23, 1997 to September 3, 1997, respondent International Exchange Bank (iBank), granted loans to Hammer Garments Corporation (Hammer), covered by promissory notes and deeds of assignment, in the following amounts:3

Date of...