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JurisprudenceG.R. NO. 142534 -

GUEVARRA, EDGEWATER ENTERTAINMENT CORPORATION, CAROLINA YUTUC, OSIPHIL, INC., RENATO LAUCHENGCO, ALEXANDER ANGULO AND JOSEPH JAMBOY, VS. URBAN BANK, INC., ISABELA SUGAR COMPANY, INC., MAGDALENO M. PEÑA AND ERNESTO OCHOA.

Cited Laws

RA 490,RA 228,RA 486,RA 633
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TL;DR — Ruling

WHEREFORE , the petition is GRANTED . The assailed Resolutions dated September 17, 1999 and March 17, 2000 rendered by the Court of Appeals in CA-G.R. CV No.

Decision

Ruling

WHEREFORE , the petition is GRANTED . The assailed Resolutions dated September 17, 1999 and March 17, 2000 rendered by the Court of Appeals in CA-G.R. CV No. 53270 are REVERSED and SET ASIDE . Let the records of this case be remanded to the Court of Appeals for further proceedings. SO ORDERED.