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BDO Unibank vs. International Copra Export Corp

BANCO DE ORO UNIBANK, INC., PETITIONER, VS. INTERNATIONAL COPRA EXPORT CORPORATION, INTERCO MANUFACTURING CORPORATION, ICEC LAND CORPORATION, AND KIMEE REALTY CORPORATION, RESPONDENT. [G.R. Nos. 218487 AND 218498-503] DEVELOPMENT BANK OF THE PHILIPPINES, PETITIONER, VS. INTERNATIONAL COPRA EXPORT CORPORATION, INTERCO MANUFACTURING CORPORATION ICEC LAND CORPORATION, AND KIMEE REALTY CORPORATION, RESPONDENTS. [G.R. Nos. 218488-90 AND 218504-07] INTERNATIONAL COPRA EXPORT CORPORATION, INTERCO MANUFACTURING CORPORATION, ICEC LAND CORPORATION, AND KIMEE REALTY CORPORATION, PETITIONERS, VS. BANCO DE ORO UNIBANK, INC. AND DEVELOPMENT BANK OF THE PHILIPPINES, RESPONDENTS. [G.R. Nos. 218491 AND 218508-13] INTERNATIONAL COPRA EXPORT CORPORATION, INTERCO MANUFACTURING CORPORATION, ICEC LAND CORPORATION, AND KIMEE REALTY CORPORATION, PETITIONERS, VS. ALLIED BANKING CORPORATION AND PHILIPPINE NATIONAL BANK, RESPONDENTS. [G.R. Nos. 218523-29] INTERNATIONAL COPRA EXPORT CORPORATION, INTERCO MANUFACTURING CORPORATION, ICEC LAND CORPORATION, AND KIMEE REALTY CORPORATION, PETITIONERS, VS. RIZAL COMMERCIAL BANKING CORPORATION, ALLIED BANKING CORPORATION, PHILIPPINE NATIONAL BANK, DEVELOPMENT BANK OF THE PHILIPPINES, BANCO DE ORO UNIBANK, INC., AND BANK OF THE PHILIPPINE ISLANDS, RESPONDENTS.

G.R. Nos. 218485-86 and 218493-97 | 2021-04-28

THIRD DIVISION
 
DECISION
 
LEONEN, J.:
 
Once enacted into law, a bill is not rendered inoperative by the absence of its own implementing rules. Every law carries in its favor a presumption of validity. So long as the law is susceptible of reasonable construction as to what it is and how it is applied, the law, for all intents and purposes, is binding and enforceable.[1]

This Court resolves the consolidated Petitions for Review on Certiorari assailing the Decision[2] and Resolution[3] of the Court of Appeals, which remanded the case to a rehabilitation court and ordered it to direct the rehabilitation receiver to convene...