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National Bank vs. De Guzman

ALLIED BANKING CORPORATION (NOW PHILIPPINE NATIONAL BANK), PETITIONER, VS. EDUARDO DE GUZMAN, SR., IN HIS CAPACITY AS SURETY TO THE VARIOUS CREDIT ACCOMMODATIONS GRANTED TO YESON INTERNATIONAL PHILIPPINES, INC., RESPONDENT.

G.R. No. 225199 | 2018-07-09

D E C I S I O N
 
PERALTA, J.:
 
Before the Court is a petition for review on certiorari under Rule 45 of the Rules of Court seeking to reverse and set aside the Decision[1] dated November 9, 2015 and the Resolution[2] dated June 23, 2016 of the Court of Appeals (CA) in CA-G.R. CR. CV No. 103347, which affirmed the Decision[3] dated January 28, 2013 of the Regional Trial Court (RTC) of Makati City, in Civil Case No. 97-915 dismissing petitioner's complaint for lack of merit.

The antecedent facts are as follows:

On February 14, 1990, respondent Eduardo De Guzman, Sr., along with Dong Hee...