Back

Bank of the Philippine Islands, etc. vs. Eduardo Hong

BANK OF THE PHILIPPINE ISLANDS, as successor-in-interest of Far East Bank and Trust Company, Petitioner, versus EDUARDO HONG, doing business under the name and style "SUPER LINE PRINTING PRESS" and the COURT OF APPEALS, Respondents.

G.R. No. 161771 | 2012-02-15

FIRST DIVISION
 
DECISION
 
VILLARAMA, JR., J.:
 
This petition for review on certiorari under Rule 45 assails the Decision[1] dated September 27, 2002 and Resolution[2] dated January 12, 2004 of the Court of Appeals (CA) in CA-G.R. SP No. 64166.
 
On September 16, 1997, the EYCO Group of Companies (“EYCO”) filed a petition for suspension of payments and rehabilitation before the Securities and Exchange Commission (SEC), docketed as SEC Case No. 09-97-5764.  A stay order was issued on September 19, 1997 enjoining the disposition in any manner except in the ordinary course of business and payment outside of...