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JurisprudenceG.R. No. 178529 -

G.R. No. 178529 - EQUITABLE PCI BANK, INC. (NOW KNOWN AS BANCO DE ORO - EPCI, INC.),VS. HEIRS OF ANTONIO C. TIU, NAMELY: ARLENE T. FU, MICHAEL U. TIU, ANDREW U. TIU, EDGAR U. TIU AND ERWIN U. TIU. D E C I S I O N - Supreme Court E-Library

Cited Laws

RA 205
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TL;DR — Ruling

WHEREFORE , the petition is GRANTED . The Decision of the Court of Appeals dated August 30, 2006 is REVERSED and SET ASIDE . Civil Case No. 2003-12-205 lodged before Branch 8 of the Regional Trial Court of Tacloban City is DISMISSED for lack of cause of action.

Decision

Ruling

WHEREFORE , the petition is GRANTED . The Decision of the Court of Appeals dated August 30, 2006 is REVERSED and SET ASIDE . Civil Case No. 2003-12-205 lodged before Branch 8 of the Regional Trial Court of Tacloban City is DISMISSED for lack of cause of action. SO ORDERED.