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Empire Insurance, Inc. vs. Atty. Bacalla

EMPIRE INSURANCE, INC., MARIO A. REMOROSA (IN HIS CAPACITY AS APPROVING OFFICER OF EMPIRE INSURANCE COMPANY), VIRGINIA BELINDA S. OCAMPO, JOSE AUGUSTO G. SANTOS, AND KATRINA G. SANTOS, PETITIONERS, VS. ATTY. MARCIANO S. BACALLA, JR., ATTY. EDUARDO M. ABACAN, ERLINDA U. LIM, FELICITO A. MADAMBA, PEPITO M. DELGADO, AND THE FEDERATION OF INVESTORS TULUNGAN, INC., RESPONDENTS.

G.R. No. 195215 | 2019-03-06

DECISION
 
REYES, A., JR., J.:
 
This is a petition for review on certiorari[1] under Rule 45 of the Revised Rules of Court which assails the Decision[2]and Resolution[3] of the Court of Appeals (CA) in CA-G.R. SP No. 95754, respectively, dated September 30, 2010 and January 17, 2011, which, in turn, affirmed the issuance of the assailed Orders by the Regional Trial Court (RTC) of Las Piñas City, Branch 253, in a complaint for securities fraud, annulment, specific performance, and preliminary injunction.
 
The Facts

This case is an offshoot of the liquidation proceedings of the Tibayan Group of Companies...