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Land Bank of the Philippines Vs. Emmanuel C. Oñate

LAND BANK OF THE PHILIPPINES, Petitioner, vs. EMMANUEL ONATE, Respondent.

G.R. No. 192371 | 2014-01-15

SECOND DIVISION

DECISION

DEL CASTILLO, J.:

This Petition for Review on Certiorari1 assails the December 18, 2009 Decision2 of the Court of Appeals (CA) in CA-G.R. CV No. 89346, which affirmed with modification the May 31, 2006 Decision3 of the Regional Trial Court (RTC), Branch 141, Makati City. The RTC dismissed the Complaint4 for Sum of Money, which petitioner Land Bank of the Philippines (Land Bank) filed against respondent Emmanuel C. Ofiate (Ofiate), and ordered Land Bank to return the amount of 111,471,416.52 it unilaterally debited from his accounts. On separate appeals by both parties, the CA affirmed the RTC Decision with...