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Diversified Plastic Film System vs. Philippine Investment One

DIVERSIFIED PLASTIC FILM SYSTEM, INC., PETITIONER, VS. PHILIPPINE INVESTMENT ONE (SPV-AMC), INC., RESPONDENT.

G.R. No. 236924 | 2023-03-29

D E C I S I O N
 
GAERLAN, J.:
 
Before the Court is a Petition for Review on Certiorari[1] dated March 15, 2018 filed by Diversified Plastic Film System, Inc. (Diversified), assailing the Decision[2] dated July 20, 2017 and the Resolution[3] dated January 17, 2018 of the Court of Appeals (CA) in CA-G.R. CV No. 107210, which affirmed the Decision[4] dated January 19, 2016 of the Regional Trial Court (RTC) of Makati City, Branch 143, appointing Philippine Investment One (SPV-AMC), Inc. (PI-One) as trustee in Special Proceedings No. M-7875.

As summarized by the CA, the facts are as follows:

 
On December 29,...