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The Consolidated Bank vs. The Court of Appeals

THE CONSOLIDATED BANK AND TRUST CORPORATION, PETITIONER, VS. THE COURT OF APPEALS, UNITED PACIFIC LEASING AND FINANCE CORPORATION, RESPONDENTS.

G.R. No. 169457 | 2015-10-19

D E C I S I O N
 
 
JARDELEZA, J.:
 
 
This is a Petition for Review on Certiorari[1] of the December 22, 2004 Decision[2] and August 30, 2005 Resolution[3] of the Court of Appeals in CA G.R. CV 50550, finding petitioner Consolidated Bank and Trust Corporation ("Solidbank") liable to respondent United Pacific Leasing and Finance Corporation ("UNAM") for excess payments received under a loan obligation.
 
 
Facts
 

In 1982, Solidbank extended loans to UNAM evidenced by the following promissory notes:[4]
 
 
 
Promissory Note No.
Date Issued
Date Due
Amount (Peso)
...