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Government Service Insurance system Vs. Prudential Guarantee and Assurance, Inc., Development Bank of the Philippines, and Land Bank of the Philippines/Government Service Insurance System Vs. Prudential Guarantee and Assurance, Inc.

GOVERNMENT SERVICE INSURANCE SYSTEM, Petitioner, vs. PRUDENTIAL GUARANTEE AND ASSURANCE, INC., DEVELOPMENT BANK OF ,THE PHILIPPINES, and LAND BANK OF THE PHILIPPINES, Respondents. G .R. No. 165585 __________________________ GOVERNMENT SERVICE INSURANCE. SYSTEM, Petitioner, vs. PRUDENTIAL GUARANTEE AND ASSURANCE, INC., · Respondent. G.R. No. 176982

G.R. No. 165585 & G.R. No. 176982 | 2013-11-20

SECOND DIVISION

DECISION

PERLAS-BERNABE, J.:

Assailed· in these consolidated petitions for review on certiorari1 are separate issuances of the Court of Appeals (CA) in relation to the complaint for sum of money filed by Prudential Guarantee and Assurance, Inc. (PGAI) against the Government Service Insurance System (GSIS) before the Regional Trial Court of Makati City, Branch 149 (RTC), docketed as Civil Case No. 01-1634.

In particular, the petition in G.R. No. 165585 assails the Decision2 dated May 26, 2004 and Resolution3 dated October 6, 2004 of the CA in CA-G.R. SP No. 69289 which affirmed the Order4 dated February 14, 2002, as well as the...