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JurisprudenceG.R. No. 196171 -

G.R. No. 196171 - RCBC CAPITAL CORPORATION, VS. BANCO DE ORO UNIBANK, INC.. [G.R. NO. 199238] BANCO DE ORO UNIBANK, INC., VS. COURT OF APPEALS AND RCBC CAPITAL CORPORATION.D E C I S I O N - Supreme Court E-Library

Cited Laws

RA 246,RA 9285,RA 28,RA 9285RA 876,RA 445,RA 810,RA 145,RA 582,RA 858RA 876RA 342,RA 1,RA 579
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TL;DR — Ruling

WHEREFORE , premises considered, the following are hereby REVERSED and SET ASIDE : the Order dated June 24, 2009 issued in SP Proc. Case No. M-6046 by the Regional Trial Court of Makati City, Branch 148, insofar as it denied the Motion to Vacate Second Partial Award dated July 8, 2008 and granted the Motion to Confirm Second Partial Award dated July 10, 2008; the Joint Order dated March 23, 2010 issued in SP Proc. Case No.

Decision

Ruling

WHEREFORE , premises considered, the following are hereby REVERSED and SET ASIDE : the Order dated June 24, 2009 issued in SP Proc. Case No. M-6046 by the Regional Trial Court of Makati City, Branch 148, insofar as it denied the Motion to Vacate Second Partial Award dated July 8, 2008 and granted the Motion to Confirm Second Partial Award dated July 10, 2008; the Joint Order dated March 23, 2010 issued in SP Proc. Case No. M-6046 by the Regional Trial Court of Makati City, Branch 148, insofar as it denied the Motion For Reconsideration dated July 28, 2009 relative to the motions concerning the Second Partial Award immediately mentioned above; and the Second Partial Award dated May 28, 2008 issued in International Chamber of Commerce Court of Arbitration Reference No. 13290/MS/JB/JEM. SO ORDERED.