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National Power Corporation (NPC) vs Philippine Commercial and Industrial Bank (PCIB) 598 SCRA 326

NATIONAL POWER CORPORATION, PETITIONER, VS. PHILIPPINE COMMERCIAL AND INDUSTRIAL BANK (NOW PHILIPPINE COMMERCIAL INTERNATIONAL BANK), RESPONDENT.

G.R. No. 171176 | 2009-09-04

SECOND DIVISION
D E C I S I O N
 
BRION, J.:
 
This Decision resolves the petition for review on certiorari[1] filed by the National Power Corporation (NPC) to assail the decision[2] dated January 19, 2006 of the Court of Appeals (CA) in CA-G.R. SP No. 32745, entitled "National Power Corporation v. Hon. Vetino E. Reyes, in his capacity as Presiding Judge of the Regional Trial Court of Manila, Branch 4, and the Philippine Commercial And industrial Bank (now Philippine Commercial International Bank) ".

FACTUAL BACKGROUND

This petition has its roots in the complaint for a sum of money filed by the Philippine Commercial...