THIRD DIVISION
DECISION
ABAD,J.:
This case is about the effect of a reduction in the course of appeal of the judgment amount after the execution sale of the defendant's properties to satisfy the trial court's judgment had already taken place.
The Facts and the Case
In 1997 petitioners David and Zenaida Eserjose (the Eserjoses) filed before the Regional Trial Court (RTC) of City, a complaint for the release of mortgage, release from guaranty, reconveyance, cancellation of title, and damages1 against respondents Allied Banking Corporation (ABC) and its manager, Pacita Uy, as well as their...
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