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SPOUSES CHIN KONG WONG CHOI AND ANA O. CHUA, PETITIONERS, VS. UNITED COCONUT PLANTERS BANK, RESPONDENT.

SPOUSES CHIN KONG WONG CHOI AND ANA O. CHUA, PETITIONERS, VS. UNITED COCONUT PLANTERS BANK, RESPONDENT.

G.R. No. 207747 | 2015-03-11

SECOND DIVISION
 
D E C I S I O N
 
CARPIO, J.:
 
The Case
 
This petition for review?[1] assails the Decision[2] dated 29 January 2013 as well as the Resolution[3] dated 27 May 2013 of the Court of Appeals (CA) in CA-G.R. SP No. 117831. The CA reversed the  Decision[4] dated 1 June 2010 and Resolution[5] dated 5 January 2011 of the Office of the President (OP), and ruled that its decisions in the cases of  UCPB v. O’Halloran[6] and UCPB v. Liam[7] shall apply in the present case, following the doctrine of stare decisis.
 
The Facts
 
The facts, as culled from the records, are as follows:
 
Petitioner...