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info/2012/12/urban-bank-vs-pena/

URBAN BANK vs PEA

on December 7, 2012

READ CASE DIGEST HERE. Republic of the Philippines SUPREME COURT Manila SECOND DI ISION G.R. No. 145817 URBAN vs' MAGDALENO M. PEA, Respondent' ( ) * ) * ) * ) * ) * ) * ) * ) * ) * ) * ) * *( G.R. No. 145822 DELFIN vs' MAGDALENO M. PEA, Respondent' ( ) * ) * ) * ) * ) * ) * ) * ) * ) * ) * ) * *( G.R. No. 1#25#2 MAGDALENO vs' URBAN BANK, INC., TEODORO BORLONGAN, DELFIN C. GONZALEZ, JR., BENJAMIN L. DE LEON, P. SIER$O %. DIZON, ERIC L. LEE, BEN T. LIM, JR., CORAZON BEJASA, MANUEL, JR., Respondents' !" ARTURO Octobe! "#$ %&"" M. PEA, Petitioner$ C. Octobe! "#$ %&"" JR., BENJAMIN L. DE LEON, !" ERIC L. LEE, Petitioners$ Octobe! "#$ %&"" BANK, INC, Petitioner$

GONZALEZ,

DECISION SERENO, J.: +hese consoli,ate, petitions be-an as a si.ple case fo! pa/.ent of se!vices !en,e!e, an, fo! !ei.bu!se.ent of costs' +he case spun a 0eb of suits an, counte!*suits because of1 2"3 the si4e of the

a0a!, fo! a-ent5s fee !en,e!e, in favo! of Att/' Ma-,aleno Pe6a 2Pe6a3 ) PhP%7$&&&$&&& ) !en,e!e, b/ the t!ial cou!t8 2%3 the cont!ove!sial e(ecution of the full 9u,-.ent a0a!, of PhP%:$;&&$&&& 2a-ent5s fee plus !ei.bu!se.ent fo! costs an, othe! ,a.a-es3 pen,in- appeal8 an, 2<3 the fin,in- of soli,a!/ liabilit/ a-ainst U!ban Ban=$ Inc'$ an, seve!al of its co!po!ate office!s an, ,i!ecto!s to-ethe! 0ith the conco.itant lev/in- an, sale in e(ecution of the pe!sonal 2even con9u-al3 p!ope!ties of those office!s an, ,i!ecto!s8 an, 273 the fact that assets 0ith ,ecla!e, conse!vative values of at least P&P181 M'(('o! 0hich$ to-ethe! 0ith those 0ith un,ecla!e, values coul, !each ve!/ .uch .o!e than such a.ount$ " 0e!e levie, o! sol, on e(ecution pen,in- appeal to satisf/ the PhP%:'; Million a0a!, in favo! of Att/' Pe6a' Inci,entall/$ t0o supe!se,eas bon,s 0o!th PhP:& Million 2%': ti.es the a.ount of the 9u,-.ent3 0e!e file, b/ U!ban Ban= an, so.e of its office!s an, ,i!ecto!s to sta/ the e(ecution pen,in- appeal' >a, the fou! atten,ant ci!cu.stances not afflicte, the o!i-inal case$ it 0oul, have been an open*an,*shut !evie0 0he!e this Cou!t$ appl/in- even 9ust the .ini.u. e?uitable p!inciple a-ainst un9ust en!ich.ent 0oul, have easil/ affi!.e, the -!ant of fai! !eco.pense to Att/' Pe6a fo! se!vices he !en,e!e, fo! U!ban Ban= if such ha, been o!,e!e, b/ the t!ial cou!t' +hat Att/' Pe6a shoul, be pai, so.ethin- b/ U!ban Ban= is not in ,ispute ) the Cou!t of Appeals 2CA3 an, the Re-ional +!ial Cou!t 2R+C3 of Ba-o Cit/$ a-!ee, on that' @hat the/ ,isa-!ee, on is the basis an, the si4e of the a0a!,' +he t!ial cou!t clai.s that the basis is an o!al cont!act of a-enc/ an, the a0a!, shoul, be PhP%:$;&&&$&&&8 0hile$ the appellate cou!t sai, that Att/' Pe6a can onl/ be pai, un,e! the le-al p!inciple a-ainst un9ust en!ich.ent$ an, the total a0a!, in his favo! shoul, onl/ a.ount to PhP<$&&&$&&&' In the e/es of the t!ial cou!t$ the cont!ollin- fin,in- is that Att/' Pe6a shoul, be believe, 0hen he testifie, that in a telephone conve!sation$ the p!esi,ent of U!ban Ban=$ +eo,o!o Bo!lon-an$ a !espon,ent he!ein$ a-!ee, to pa/ hi. fo! his se!vices "&A of the value of the p!ope!t/ then 0o!th PhP%7&$&&&$&&&$ o! PhP%7$&&&$&&&' Costs an, othe! a0a!,s a,,itionall/ a.ount to PhP7$;&&$&&&$ fo! a total a0a!, of PhP%:$;&&$&&& acco!,in- to the t!ial cou!t' +o the Cou!t of Appeals$ such an a0a!, has no basis$ as in fact$ no cont!act of a-enc/ e(ists bet0een Att/' Pe6a an, U!ban Ban=' >ence$ Att/' Pe6a shoul, onl/ be !eco.pense, acco!,in- to the p!inciple of un9ust en!ich.ent$ an, that he shoul, be a0a!,e, the a.ount of PhP<$&&&$&&& onl/ fo! his se!vices an, !ei.bu!se.ents of costs' +he ,ispa!it/ in the si4e of the a0a!, -iven b/ the t!ial cou!t vis*B*vis that of the Cou!t of Appeals 2PhP%:$;&&$&&& v' PhP<$&&&$&&&3 .ust be place, in the conte(t of the se!vice that Att/' Pe6a p!ove, that he !en,e!e, fo! U!ban Ban=' As the !eco!,s bea!$ Att/' Pe6a5s se!vices consiste, of causin- the

,epa!tu!e of unautho!i4e, sub*tenants in t0ent/*th!ee co..e!cial establish.ents in an ente!tain.ent co.poun, alon- Ro(as Bouleva!,' It involve, the filin- of e9ect.ent suits a-ainst the.$ Pe6a5s pe!sonal ,efense in the counte!*suits file, a-ainst hi.$ his settle.ent 0ith the. to the tune of PhP"$;&&$&&&$ 0hich he a,vance, f!o. his o0n fun,s$ an, his !etention of secu!it/ -ua!,s an, e(pen,itu!e fo! othe! costs a.ountin- to .o!e o! less PhP"$;&&$&&&' +he!e is no clai. b/ Att/' Pe6a of an/ se!vice be/on, those' >e clai.s ,a.a-es f!o. the th!eats to his life an, safet/ f!o. the an-!/ tenants$ as 0ell as a ve(atious collection suit he ha, to face f!o. a c!e,ito!*f!ien, f!o. 0ho. he bo!!o0e, PhP<$&&&$&&& to finance the e(penses fo! the se!vices he !en,e!e, U!ban Ban=' At the ti.e the a0a!, of PhP%:$;&&$&&& b/ the t!ial cou!t ca.e out in "###$ the net 0o!th of U!ban Ban= 0as PhP%$%"#$C:"$"&7'% @hile the ban= 0oul, be close, b/ the Ban-=o Sent!al n- Pilipinas 2BSP3 a /ea! late! fo! havin- unilate!all/ ,ecla!e, a ban= holi,a/ cont!a!/ to ban=in- !ules$ the!e 0as no !eason to believe that at the ti.e such a0a!, ca.e out it coul, not satisf/ a 9u,-.ent of PhP%:$;&&$&&&$ a su. that 0as onl/ "A of its net 0o!th$ an, a .iniscule &'%A of its total assets of PhP""$#<<$<:<$D<&' < In fact$ no alle-ation of i.pen,in- insolvenc/ o! atte.pt to abscon, 0as eve! !aise, b/ Att/' Pe6a an, /et$ the t!ial cou!t -!ante, e(ecution pen,in- appeal' Inte!estin-l/$ Pe6a ha, inclu,e, as co*,efen,ants 0ith U!ban Ban= in the R+C case$ seve!al office!s an, boa!, ,i!ecto!s of U!ban Ban=' Not all boa!, ,i!ecto!s 0e!e sue,$ ho0eve!' @ith !espect to those inclu,e, in the co.plaint$ othe! than a-ainst +eo,o!o Bo!lon-an$ Co!a4on Be9asa$ an, A!tu!o Manuel$ no evi,ence 0as eve! offe!e, as to thei! in,ivi,ual actions that -ave !ise to Att/' Pe6a5s cause of action ) the e(ecution of the a-enc/ cont!act an, its b!each ) an, /et$ these office!s an, ,i!ecto!s 0e!e .a,e soli,a!il/ liable b/ the t!ial cou!t 0ith U!ban Ban= fo! the alle-e, b!each of the alle-e, co!po!ate cont!act of a-enc/' E(ecution pen,in- appeal 0as also -!ante, a-ainst the. fo! this soli,a!/ liabilit/ !esultin- in the lev/ an, sale in e(ecution pen,in- appeal of not onl/ co!po!ate p!ope!ties of U!ban Ban= but also pe!sonal p!ope!ties of the in,ivi,ual ban= office!s an, ,i!ecto!s' It 0oul, have been inte!estin- to fin, out 0hat ,!ove Att/' Pe6a to sue the ban= office!s an, ,i!ecto!s of U!ban Ban= an, 0h/ he chose to sue onl/ so.e$ but not all of the boa!, ,i!ecto!s of U!ban Ban=$ but the!e is nothin- on the !eco!, 0ith 0hich this anal/sis can be pu!sue,' Befo!e us a!e1 2a3 the Petitions of U!ban Ban= 2E' R' No' "7;:"C3 an, the De Feon E!oup 2E R' No' "7;:%%3 ?uestionin- the p!op!iet/ of the -!ant of e(ecution pen,in- appeal$ an, 2b3 the Petition of Att/' Pe6a 2E' R' No' "D%;D%3 assailin- the CA5s ,ecision on the substantive .e!its of the case 0ith !espect to his clai.s of co.pensation base, on an a-enc/ a-!ee.ent'

O!,ina!il/$ the final !esolution b/ the Sup!e.e Cou!t of an appeal f!o. a t!ial cou!t ,ecision 0oul, have auto.atic$ -ene!all/*un,e!stoo, conse?uences on an o!,e! issue, b/ the t!ial cou!t fo! e(ecution pen,inappeal' But this is no o!,ina!/ case$ an, the .a-nitu,e of the ,isp!opo!tions in this case is too .in,* bo--lin- that this Cou!t .ust e(e!t e(t!a effo!t to co!!ect 0hateve! in9ustices have been occasione, in this case' +hus$ ou! ,ispositions 0ill inclu,e ,etaile, inst!uctions fo! seve!al 9u,icial officials to i.ple.ent' At co!e$ these petitions can be !esolve, if 0e ans0e! the follo0in- ?uestions1 "' @hat is the le-al basis fo! an a0a!, in favo! of Pe6a fo! the se!vices he !en,e!e, to U!ban Ban=G Shoul, it be a cont!act of a-enc/ the fee fo! 0hich 0as o!all/ a-!ee, on as Pe6a clai.sG Shoul, it be the application of the Civil Co,e p!ovisions on un9ust en!ich.entG O! is it to be base, on so.ethin- else o! a co.bination of the le-al fin,in-s of both the R+C an, the CAG >o0 .uch shoul, the a0a!, beG %' A!e the office!s an, ,i!ecto!s of U!ban Ban= liable in thei! pe!sonal capacities fo! the a.ount clai.e, b/ Pe6aG <' @hat a!e the effects of ou! ans0e!s to ?uestions 2"3 an, 2%3$ on the va!ious !esults of the e(ecution pen,in- appeal that happene, he!eG F )*+ ( B ),-.o+!" o/ *&0 Co!*.o10.23 U!ban Ban=$ Inc' 2both petitione! an, !espon,ent in these t0o consoli,ate, cases3$ 7 0as a ,o.estic Philippine co!po!ation$ en-a-e, in the business of ban=in-' ; +he ei-ht in,ivi,ual !espon,ents in E' R' No' "D%;D% 0e!e office!s an, .e.be!s of U!ban Ban=5s boa!, of ,i!ecto!s$ 0ho 0e!e sue, in thei! official an, pe!sonal capacities'D On the othe! han,$ Ben9a.in F' De Feon$ Delfin C' Eon4ale4$ H!'$ an, E!ic F' Fee$ 2he!einafte! the ,e Feon E!oup3$ a!e the petitione!s in E' R' No' "7;:%% an, a!e th!ee of the sa.e ban= office!s an, ,i!ecto!s$ 0ho ha, sepa!atel/ file, the instant Petition befo!e the Cou!t' Petitione!*!espon,ent Att/' Ma-,aleno M' Pe6a 2Pe6a3 C is a la0/e! b/ p!ofession an, 0as fo!.e!l/ a stoc=hol,e!$ ,i!ecto! an, co!po!ate sec!eta!/ of Isabel Su-a! Co.pan/$ Inc' 2ISCI3' : ISCI o0ne, a pa!cel of lan,# locate, in Pasa/ Cit/ 2the Pasa/ p!ope!t/3' "& In "#:7$ ISCI lease, the Pasa/ p!ope!t/ fo! a pe!io, of "& /ea!s' "" @ithout its consent"% an, in violation of the lease cont!act$ "< the lessee sublease, the lan, to seve!al tenants$ 0ho in tu!n put up %< establish.ents$ .ostl/ bee! houses an, ni-ht clubs$ insi,e the co.poun,' "7 In "##7$ a fe0 .onths befo!e the lease cont!act 0as to e(pi!e$ ISCI info!.e, the lessee";an, his tenants"D that the lease 0oul, no lon-e! be !ene0e, an, that it inten,e, to ta=e ove! the Pasa/ p!ope!t/"C fo! the pu!pose of sellin- it'":

+0o 0ee=s befo!e the lease ove! the Pasa/ p!ope!t/ 0as to e(pi!e$ ISCI an, U!ban Ban= e(ecute, a Cont!act to Sell$ 0he!eb/ the latte! 0oul, pa/ ISCI the a.ount of PhP%7"$D"%$&&& in install.ents fo! the Pasa/ p!ope!t/'"# Both pa!ties a-!ee, that the final install.ent of PhP%;$&&&$&&& 0oul, be !elease, b/ the ban= upon ISCI5s ,elive!/ of full an, actual possession of the lan,$ f!ee f!o. an/ tenants' %& In the .eanti.e$ the a.ount of the final install.ent 0oul, be hel, b/ the ban= in esc!o0' +he esc!o0 p!ovision in the Cont!act to Sell$ thus$ !ea,s1 I+he SEFFER 2ISCI3 a-!ees that f!o. the p!ocee,s of the pu!chase p!ices of the sub9ect P!ope!t/ 2Pasa/ p!ope!t/3$ the BUJER 2U!ban Ban=3 shall 0ithhol, the a.ount of P>P %;$&&&$&&&'&& b/ 0a/ of esc!o0 an, 2& (( .0(0 20 *&'2 4o+!* *o *&0 SELLER o!(3 +5o! '*2 "0('10.3 *o *&0 BU6ER o/ *&0 /+(( !" )*+ ( 5o22022'o! !" )o!*.o( o/ *&0 S+780)* P.o50.*3, /.00 /.o4 *0! !*2, o))+5 !*2, 29+ **0.2 o. o*&0. 2*.+)*+.02 o. /.o4 !3 ('0!2, 0!)+47. !)02, 0 2040!*2 o. !3 o*&0. o72*.+)*'o! o.

'450"'40!* *o *&0 /.00 +20 !" o))+5 !)3 73 *&0 7+30. o/ *&0 2+780)* P.o50.*3 o. '*2 0:0.)'20 o/ *&0 .'-&*2 *o o;!0.2&'5 o10. *&0 2+780)* P.o50.*3 $ 0ithin a pe!io, of si(t/ 2D&3 ,a/s f!o. the ,ate of pa/.ent b/ the BUJER of the pu!chase p!ice of the sub9ect P!ope!t/ net of the a.ounts autho!i4e, to be ,e,ucte, o! 0ithhel, un,e! Ite. II 2a3 of this Cont!act' %" 2E.phasis supplie,3 ISCI then inst!ucte, Pe6a$ 0ho 0as its ,i!ecto! an, co!po!ate sec!eta!/$ to ta=e ove! possession of the Pasa/ p!ope!t/%% a-ainst the tenants upon the e(pi!ation of the lease' ISCI5s p!esi,ent$ M!' En!i?ue E' Montilla III 2Montilla3$ fa(e, a lette! to Pe6a$ confi!.in- the latte!5s en-a-e.ent as the co!po!ation5s a-ent to han,le the eviction of the tenants f!o. the Pasa/ p!ope!t/$ to 0it1 %< MEMORANDUM +O1 Att/' Ma-,aleno M' Pena Di!ecto! KROM1 En!i?ue E' Montilla III P!esi,ent DA+E1 %D Nove.be! "##7 6o+ .0 &0.073 "'.0)*0" *o .0)o10. !" * ,0 5o22022'o! o/ *&0 5.o50.*3 o/ *&0 )o.5o. *'o!

2'*+ *0" * Ro: 2 Bo+(01 ." )o10.0" 73 TCT No. 5<82 o/ *&0 R0-'2*0. o/ D00"2 /o. P 2 3 C'*3 '440"' *0(3 +5o! *&0 0:5'. *'o! o/ *&0 )o!*. )* o/ (0 20 o10. *&0 2 '" 5.o50.*3 o! 2= No10470. 1==4' Ko! this pu!pose /ou a!e autho!i4e, to en-a-e the se!vices of secu!it/ -ua!,s to p!otect the p!ope!t/ a-ainst int!u,e!s' Jou .a/ also en-a-e the se!vices of a la0/e! in case the!e is a nee, to -o to

cou!t to p!otect the sai, p!ope!t/ of the co!po!ation' In a,,ition /ou .a/ ta=e 0hateve! steps o! .easu!es a!e necessa!/ to ensu!e ou! continue, possession of the p!ope!t/' 2s-,'3 P!esi,ent%7 On %# Nove.be! "##7$ the ,a/ the lease cont!act 0as to e(pi!e$ ISCI an, U!ban Ban= e(ecute, a Dee, of Absolute Sale%; ove! the Pasa/ p!ope!t/ fo! the a.ount a-!ee, upon in the Cont!act to Sell$ but sub9ect to the above esc!o0 p!ovision' %D +he title to the lan, 0as eventuall/ t!ansfe!!e, to the na.e of U!ban Ban= on &; Dece.be! "##7'%C On <& Nove.be! "##7$ the lessee ,ul/ su!!en,e!e, possession of the Pasa/ p!ope!t/ to ISCI$ %: but the unautho!i4e, sub*tenants !efuse, to leave the a!ea' %# Pu!suant to his autho!it/ f!o. ISCI$ Pe6a ha, the -ates of the p!ope!t/ close, to =eep the sub*tenants out' <& >e also poste, secu!it/ -ua!,s at the p!ope!t/$<" se!vices fo! 0hich he a,vance, pa/.ents'<% Despite the closu!e of the -ates an, the postin- of the -ua!,s$ the sub*tenants 0oul, co.e bac= in the evenin-$ fo!ce open the -ates$ an, p!ocee, to ca!!/ on 0ith thei! businesses'<< On th!ee sepa!ate occasions$ the sub*tenants t!ie, to b!ea= ,o0n the -ates of the p!ope!t/$ th!e0 stones$ an, even th!eatene, to !etu!n an, inflict -!eate! ha!. on those -ua!,in- it' <7 In the .eanti.e$ a ce!tain Ma!il/n E' On-$ as !ep!esentative of ISCI$ fa(e, a lette! to U!ban Ban= ) a,,!esse, to !espon,ent Co!a4on Be9asa$ 0ho 0as then the ban=5s Senio! ice*P!esi,ent ) !e?uestinENRILUE E' MON+IFFA III

the issuance of a fo!.al autho!it/ fo! Pe6a' <; +0o ,a/s the!eafte!$ Ms' On- fa(e, anothe! lette! to the ban=$ this ti.e a,,!esse, to its p!esi,ent$ !espon,ent +eo,o!o Bo!lon-an' <D She !epeate, the!ein the ea!lie! !e?uest fo! autho!it/ fo! Pe6a$ since the tenants 0e!e ?uestionin- ISCI5s autho!it/ to ta=e ove! the Pasa/ p!ope!t/'<C In !esponse to the lette!s of Ms' On-$ petitione!*!espon,ent ban=$ th!ou-h in,ivi,ual !espon,ents Be9asa an, A!tu!o E' Manuel ) Senio! ice*P!esi,ent an, ice*P!esi,ent$ !espectivel/ ) a,vise, Pe6a <: that the

ban= ha, note, the en-a-e.ent of his se!vices b/ ISCI an, st!esse, that ISCI !e.aine, as the la0/e!5s p!incipal'<# +o p!event the sub*tenants f!o. fu!the! app!op!iatin- the Pasa/ p!ope!t/$ 7& petitione!*!espon,ent Pe6a$ as ,i!ecto! an, !ep!esentative of ISCI$ file, a co.plaint fo! in9unction 7" 2the Ki!st In9unction Co.plaint3 0ith the R+C*Pasa/ Cit/'7% Actin- on ISCI5s p!a/e! fo! p!eli.ina!/ !elief$ the t!ial cou!t favo!abl/ issue, a te.po!a!/ !est!ainin- o!,e! 2+RO3$ 7< 0hich 0as ,ul/ i.ple.ente,'77 At the ti.e the Ki!st In9unction Co.plaint 0as file,$ a ne0 title to the Pasa/ p!ope!t/ ha, al!ea,/ been issue, in the na.e of U!ban Ban='7; On "# Dece.be! "##7$ 0hen Iinfo!.ation !eache, the 9u,-e that the Pasa/ p!ope!t/ ha, al!ea,/ been t!ansfe!!e, b/ ISCI to U!ban Ban=$ the t!ial cou!t !ecalle, the +RO an, issue, a b!ea=*open o!,e! fo! the

p!ope!t/' Acco!,in- to Pe6a$ it 0as the fi!st ti.e that he 0as app!ise, of the sale of the lan, b/ ISCI an, of the t!ansfe! of its title in favo! of the ban='M 7D It is not clea! f!o. the !eco!,s ho0 such info!.ation !eache, the 9u,-e o! 0hat the b!ea=*open o!,e! 0as in !esponse to' On the sa.e ,a/ that the +RO 0as !ecalle,$ petitione!*!espon,ent Pe6a i..e,iatel/ contacte, ISCI5s p!esi,ent$ M!' Montilla$ 0ho in tu!n confi!.e, the sale of the Pasa/ p!ope!t/ to U!ban Ban=' 7C Pe6a tol, M!' Montilla that because of the b!ea=*open o!,e! of the R+C*Pasa/ Cit/$ he 2Pe6a3 0oul, be !ecallinthe secu!it/ -ua!,s he ha, poste, to secu!e the p!ope!t/' M!' Montilla$ ho0eve!$ as=e, hi. to suspen, the planne, 0ith,!a0al of the poste, -ua!,s$ so that ISCI coul, -et in touch 0ith petitione!*!espon,ent ban= !e-a!,in- the .atte!'7: Fate! that sa.e ,a/$ Pe6a !eceive, a telephone call f!o. !espon,ent Be9asa' Afte! Pe6a info!.e, he! of the situation$ she alle-e,l/ tol, hi. that U!ban Ban= 0oul, be !etainin- his se!vices in -ua!,in- the Pasa/ p!ope!t/$ an, that he shoul, continue his effo!ts in !etainin- possession the!eof' >e insiste,$ ho0eve!$ on tal=in- to the Ban=5s p!esi,ent' Respon,ent Be9asa -ave hi. the contact ,etails of !espon,ent Bo!lon-an$ then p!esi,ent of U!ban Ban=' 7# +he facts !e-a!,in- the follo0in- phone conve!sation an, co!!espon,ences a!e hi-hl/*cont!ove!te,' I..e,iatel/ afte! tal=in- to !espon,ent Be9asa$ Pe6a -ot in touch 0ith U!ban Ban=5s p!esi,ent$ !espon,ent Bo!lon-an' Pe6a e(plaine, that the police.en in Pasa/ Cit/ 0e!e s/.pathetic to the tenants an, 0e!e th!eatenin- to fo!ce thei! 0a/ into the p!e.ises' >e e(p!esse, his conce!n that violence .i-ht e!upt bet0een the tenants$ the cit/ police$ an, the secu!it/ -ua!,s poste, in the Pasa/ p!ope!t/' Respon,ent Bo!lon-an suppose,l/ assu!e, hi. that the ban= 0as -oin- to !etain his se!vices$ an, that the latte! shoul, not -ive up possession of the sub9ect lan,' Neve!theless$ petitione!*!espon,ent Pe6a ,e.an,e, a 0!itten lette! of autho!it/ f!o. the ban=' Respon,ent Bo!lon-an acce,e, an, inst!ucte, hi. to see !espon,ent Be9asa fo! the lette!';& In the sa.e telephone conve!sation$ !espon,ent Bo!lon-an alle-e,l/ as=e, Pe6a to .aintain possession of the Pasa/ p!ope!t/ an, to !ep!esent U!ban Ban= in an/ le-al action that .i-ht be institute, !elative to the p!ope!t/' Pe6a suppose,l/ ,e.an,e, "&A of the .a!=et value of the p!ope!t/ as co.pensation an, atto!ne/5s fees an, !ei.bu!se.ent fo! all the e(penses incu!!e, f!o. the ti.e he too= ove! lan, until possession 0as tu!ne, ove! to U!ban Ban=' Respon,ent Bo!lon-an pu!po!te,l/ a-!ee, on con,ition that possession 0oul, be tu!ne, ove! to the ban=$ f!ee of tenants$ not late! than fou! .onths8 othe!0ise$ Pe6a 0oul, lose the "&A co.pensation an, atto!ne/5s fees'
;"

Fate! that afte!noon$ Pe6a !eceive, the ban=5s lette! ,ate, "# Dece.be! "##7$ 0hich 0as si-ne, b/ !espon,ents Be9asa an, Manuel$ an, is ?uote, belo01

T&'2 '2 *o )o!/'.4 *&0 0!- -040!* o/ 3o+. 20.1')02 B !,, 250)'/') ((3 *o &o("

2 *&0

+*&o.'>0" .05.020!* *'10 o/ U.7 ! 7o10) 5*'o!0" 5.o50.*3 ?P 2 3

!" 4 '!* '! 5o22022'o! o/ o+.

5.o50.*3@ !" *o 5.o*0)* *&0 2 40 /.o4 /o.40. *0! !*2, o))+5 !*2 o. !3 o*&0. 50.2o! ;&o .0 *&.0 *0!'!- *o .0*+.! *o *&0 2 '" 5.o50.*3 5.o50.*3 /o. !" '! o+. 70& (/. Jou a!e li=e0ise autho!i4e, to !ep!esent U!ban Ban= in an/ cou!t action that /ou .a/ institute to ca!!/ out the afo!e.entione, ,uties$ an, to p!event an/ int!u,e!$ s?uatte! o! an/ othe! pe!son not othe!0ise autho!i4e, in 0!itin- b/ U!ban NBOan= f!o. ente!in- o! sta/in- in the p!e.ises' ;% 2E.phasis supplie,3 On even ,ate$ ISCI sent U!ban Ban= a lette!$ 0hich ac=no0le,-e, ISCI5s en-a-e.ent of Pe6a an, co..it.ent to pa/ fo! an/ e(penses that .a/ be incu!!e, in the cou!se of his se!vices' ISCI5s lette! !ea,s1 +his has !efe!ence to /ou! p!ope!t/ locate, alon- Ro(as Bouleva!,$ Pasa/ Cit/ NPasa/ p!ope!t/O 0hich /ou pu!chase, f!o. Isabela Su-a! Co.pan/ un,e! a Dee, of Absolute Sale e(ecute, on Dece.be! "$ "##7' In line 0ith ou! 0a!!anties as the Selle! of the sai, p!ope!t/ an, ou! un,e!ta=in- to ,elive! to /ou the full an, actual possession an, cont!ol of sai, p!ope!t/$ f!ee f!o. tenants$ occupants o! s?uatte!s an, f!o. an/ obst!uction o! i.pe,i.ent to the f!ee use an, occupanc/ of the p!ope!t/ b/ U!ban Ban=$ ;0 & 10 0!- -0" *&0 20.1')02 o/ A**3. M -" (0!o M. P0B *o &o(" !" 4 '!* '! 5o22022'o! o/ *&0 5.o50.*3 !" *o 5.010!* *&0 /o.40. *0! !*2 o. o))+5 !*2 /.o4 0!*0.'!- o. .0*+.!'!- *o *&0 5.04'202. In vie0 of the t!ansfe! of the o0ne!ship of the p!ope!t/ to U!ban Ban=$ it .a/ be necessa!/ fo! U!ban Ban= to appoint Att/' Pe6a li=e0ise as its autho!i4e, !ep!esentative fo! pu!poses of hol,in-P.aintainin- continue, possession of the sai, p!ope!t/ an, to !ep!esent U!ban Ban= in an/ cou!t action that .a/ be institute, fo! the above.entione, pu!poses' I* '2 +!"0.2*oo" *& * !3 **o.!03C2 /002, )o2* o/ ('*'- *'o! !" !3 o*&0. )& .-02 o. 0:50!202 *& * 4 3 70 '!)+..0" .0( *'10 *o *&0 0:0.)'20 73 A**3. P0B o/ &'2 7o1040!*'o!0" "+*'02 2& (( 70 /o. *&0 ))o+!* o/ I2 70( S+- . Co45 !3 an, an/ loss o! ,a.a-e that .a/ be incu!!e, to thi!, pa!ties shall be ans0e!able b/ Isabela Su-a! Co.pan/' ;< 2E.phasis supplie,3 +he follo0in- na!!ation of subse?uent p!ocee,in-s is uncont!ove!te,' Pe6a then .ove, fo! the ,is.issal of ISCI5s Ki!st In9unction Co.plaint$ file, on behalf of ISCI$ on the -!oun, of lac= of pe!sonalit/ to continue the action$ since the Pasa/ p!ope!t/$ sub9ect of the suit$ ha, !"Ao. '!*0./0.0 ;'*& 3o+. 5o22022'o! o/ *&0 2 '"

al!ea,/ been t!ansfe!!e, to U!ban Ban=' ;7 +he R+C*Pasa/ Cit/ ,is.isse, the co.plaint an, !ecalle, its ea!lie! b!ea=*open o!,e!';; +he!eafte!$ petitione!*!espon,ent Pe6a$ no0 in !ep!esentation of U!ban Ban=$ file, a sepa!ate co.plaint;D 2the Secon, In9unction Co.plaint3 0ith the R+C*Ma=ati Cit/$ to en9oin the tenants f!o. ente!in- the Pasa/ p!ope!t/';CActin- on U!ban Ban=5s p!eli.ina!/ p!a/e!$ the R+C*Ma=ati Cit/ issue, a +RO';: @hile the Secon, In9unction Co.plaint 0as pen,in-$ Pe6a .a,e effo!ts to settle the issue of possession of the Pasa/ p!ope!t/ 0ith the sub*tenants' Du!in- the ne-otiations$ he 0as e(pose, to seve!al civil an, c!i.inal cases the/ file, in connection 0ith the tas= he ha, assu.e, fo! U!ban Ban=$ an, he !eceive, seve!al th!eats a-ainst his life';# +he sub*tenants eventuall/ a-!ee, to sta/ off the p!ope!t/ fo! a total consi,e!ation of PhP"$;&&$&&&'D&Pe6a a,vance, the pa/.ent fo! the full an, final settle.ent of thei! clai.s a-ainst U!ban Ban='D" Pe6a clai.s to have bo!!o0e, PhP<$&&&$&&& f!o. one of his f!ien,s in o!,e! to .aintain possession the!eof on behalf of U!ban Ban='D% Acco!,in- to hi.$ althou-h his c!e,ito!*f!ien, -!ante, hi. seve!al e(tensions$ he faile, to pa/ his loan 0hen it beca.e ,ue$ an, it late! on beca.e the sub9ect of a sepa!ate collection suit fo! pa/.ent 0ith inte!est an, atto!ne/5s fees' D< +his collection suit beca.e the basis fo! Att/' Pe6a5s !e?uest fo! ,isc!etiona!/ e(ecution pen,in- appeal late! on' On &C Keb!ua!/ "##;$ 0ithin the fou!*.onth pe!io, alle-e,l/ a-!ee, upon in the telephone conve!sation$ Pe6a fo!.all/ info!.e, U!ban Ban= that it coul, al!ea,/ ta=e possession of the Pasa/ p!ope!t/' D7 +he!e 0as ho0eve! no .ention of the co.pensation ,ue an, o0e, to hi. fo! the se!vices he ha, !en,e!e,' On <" Ma!ch "##;$ the ban= subse?uentl/ too= actual possession of the p!ope!t/ an, installe, its o0n -ua!,s at the p!e.ises'D; Pe6a the!eafte! .a,e seve!al atte.pts to contact !espon,ents Bo!lon-an an, Be9asa b/ telephone$ but the ban= office!s 0oul, not ta=e an/ of his calls' On %7 Hanua!/ "##D$ o! nea!l/ a /ea! afte! he tu!ne, ove! possession of the Pasa/ p!ope!t/$ Pe6a fo!.all/ ,e.an,e, f!o. U!ban Ban= the pa/.ent of the "&A co.pensation an, atto!ne/5s fees alle-e,l/ p!o.ise, to hi. ,u!in- his telephone conve!sation 0ith Bo!lon-an fo! secu!in- an, .aintainin- peaceful possession of the p!ope!t/' DD P.o)00"'!-2 o! *&0 Co45( '!* /o. Co450!2 *'o! On %: Hanua!/ "##D$ 0hen U!ban Ban= !efuse, to pa/ fo! his se!vices in connection 0ith the Pasa/ p!ope!t/$ Pe6a file, a co.plaint DC fo! !ecove!/ of a-ent5s co.pensation an, e(penses$ ,a.a-es an, atto!ne/5s fees in R+C*Ba-o Cit/ in the p!ovince of Ne-!os Occi,ental' D: Inte!estin-l/$ Pe6a sue, onl/ si( out of the eleven .e.be!s of the Boa!, of the Di!ecto!s of U!ban Ban=' D# No !eason 0as -iven 0h/ the si( ,i!ecto!s 0e!e selecte, an, the othe!s e(clu,e, f!o. Pe6a5s co.plaint' In fact$ as pointe, out$ Att/'

Pe6a .ista=enl/ i.plea,e, as a ,efen,ant$ Ben J' Fi.$ H!'$ 0ho 0as neve! even a .e.be! of the Boa!, of Di!ecto!s of U!ban Ban=8 0hile$ Ben +' Fi.$ S!'$ fathe! an, na.esa=e of Ben J' Fi.$ H!'$ 0ho ha, been a ,i!ecto! of the ban=$ al!ea,/ passe, a0a/ in "##C' C& In !esponse to the co.plaint of Att/' Pe6a$ U!ban Ban= an, in,ivi,ual ban= office!s an, ,i!ecto!s a!-ue, that it 0as ISCI$ the o!i-inal o0ne!s of the Pasa/ p!ope!t/$ that ha, en-a-e, the se!vices of Pe6a in secu!in- the p!e.ises8 an,$ conse?uentl/$ the/ coul, not be hel, liable fo! the e(penses Pe6a ha, incu!!e,'C" On %: Ma/ "###$ the R+C*Ba-o Cit/ C% !ule, in favo! of Pe6a$ afte! fin,in- that an a-enc/ !elationship ha, in,ee, been c!eate, bet0een hi. an, U!ban Ban=' +he ei-ht ,i!ecto!s an, ban= office!s 0e!e foun, to be soli,a!il/ liable 0ith the ban= fo! the pa/.ent of a-enc/5s fees' +he t!ial cou!t thus o!,e!e, U!ban Ban= an, all ei-ht ,efen,ant ban= ,i!ecto!s an, office!s 0ho. Pe6a sue, to pa/ the total a.ount of PhP%:$;&&$&&& 2e(clu,in- costs of suit31 @>EREKORE$ p!e.ise, f!o. the fo!e-oin-$ 9u,-.ent is he!eb/ !en,e!e, o!,e!in- ,efen,ants to pa/ plaintiff 9ointl/ an, seve!all/ the follo0in- a.ounts1 "' P%7$&&&$&&& as co.pensation fo! plaintiff5s se!vices plus the le-al !ate of inte!est f!o. the ti.e of ,e.an, until full/ pai,8 %' P<$&&&$&&& as !ei.bu!se.ent of plaintiff5s e(penses8 <' P"$&&&$&&& as an, fo! atto!ne/5s fees8 7' P;&&$&&& as e(e.pla!/ ,a.a-es8 ;' Costs of suit' SO ORDERED'C< U!ban Ban= an, the in,ivi,ual ,efen,ant ban= ,i!ecto!s an, office!s file, a co..on Notice of Appeal$C7 0hich 0as -iven ,ue cou!se'C; In the appeal$ the/ ?uestione, the factual fin,in- that an a-enc/ !elationship e(iste, bet0een the ban= an, Pe6a'CD Althou-h the/ put up a sin-le ,efense in the p!ocee,in-s in the lo0e! cou!t$ U!ban Ban= an, in,ivi,ual ,efen,ants cont!acte, ,iffe!ent counsel an, file, sepa!ate B!iefs on appeal in the appellate cou!t' In its B!ief$CC U!ban Ban=C: assi-ne, as e!!o!s the t!ial cou!t5s !eliance on the pu!po!te, o!al cont!act of a-enc/ an, Pe6a5s clai.s fo! co.pensation ,u!in- the cont!ove!te, telephone conve!sation 0ith Bo!lon-an$ 0hich 0e!e alle-e,l/ inc!e,ible'

Mean0hile$ Ben9a.in F' ,e Feon$ Delfin Eon4ale4$ H!'$ an, E!ic F' Fee 2the De Feon E!oup3$ C# the petitione!s in the instant Petition ,oc=ete, as E' R' No' "7;:%%$ a!-ue, that$ even on the assu.ption that the!e ha, been an a-enc/ cont!act 0ith the ban=$ the t!ial cou!t co..itte, !eve!sible e!!o! in hol,inthe. ) as ban= ,i!ecto!s ) soli,a!il/ liable 0ith the co!po!ation' :& On the othe! han,$ +eo,o!o Bo!lon-an$ Co!a4on M' Be9asa$ A!tu!o Manuel$ H!'$ Ben J' Fi.$ H!'$ an, P' Sie!vo >' Di4on 2the Bo!lon-an E!oup3 :" !eite!ate, si.ila! a!-u.ents as those of the De Feon E!oup$ a,,in- that the clai.e, co.pensation of "&A of the pu!chase p!ice of the Pasa/ p!ope!t/ 0as not !easonable':% Pe6a !efute, all of thei! a!-u.ents:< an, p!a/e, that the t!ial cou!t5s Decision be affi!.e,' :7 Actin- favo!abl/ on the appeal$ the Cou!t of Appeals :; annulle, the Decision of the R+C*Ba-o Cit/ an, !ule, that no a-enc/ !elationship ha, been c!eate,' Neve!theless$ it o!,e!e, U!ban Ban= to !ei.bu!se Pe6a fo! his e(penses an, to -ive hi. !easonable co.pensation fo! his effo!ts in clea!in- the Pasa/ p!ope!t/ of tenants in the a.ount of PhP<$&&&$&&&$ but absolve, the ban= ,i!ecto!s an, office!s f!o. soli,a!/ liabilit/' +he ,ispositive po!tion of the CA ,ecision !ea,s as follo0s1 @>EREKORE$ in vie0 of the fo!e-oin- consi,e!ations$ the Ma/ %:$ %&&& Decision NsicO an, the Octobe! "#$ %&&& NsicO Special O!,e! of the R+C of Ba-o Cit/$ B!anch D%$ :D a!e he!eb/ ANNUFFED AND SE+ ASIDE' %o;010., *&0 5( '!*'//D 550((00 ?P0B @ '! CA GR C$ No. #575# '2 ; ."0" *&0 4o+!* o/ P< M'(('o! 2 .0'47+.2040!* /o. &'2 0:50!202 2 ;0(( 2 .0 2o! 7(0 )o450!2 *'o! /o. &'2 0//o.*2 '! )(0 .'!- U.7 ! B !,C2 5.o50.*3 o/ +!( ;/+( o))+5 !*2. +he a0a!, of e(e.pla!/ ,a.a-es$ atto!ne/5s fees an, costs of suit a!e ,elete,$ the sa.e not havin- been sufficientl/ p!oven' +he petition fo! In,i!ect Conte.pt a-ainst all the !espon,ents is DISMISSED fo! utte! lac= of .e!it'
:C

2E.phasis supplie,3

Pe6a ,ul/ file, a Motion fo! Reconsi,e!ation of the unfavo!able CA Decision' :: +he appellate cou!t$ ho0eve!$ ,enie, his .otion':# +he CA Decision an, Resolution 0e!e appeale, b/ Pe6a to this Cou!t$ th!ou-h one of the th!ee consoli,ate, Rule 7; Petitions befo!e us 2E' R' No' "D%;D%3' E:0)+*'o! P0!"'!- A550 ( On &C Hune "###$ p!io! to the filin- of the notice of appeal of U!ban Ban= an, in,ivi,ual ban= office!s$#& Pe6a .ove, fo! e(ecution pen,in- appeal #" of the Decision !en,e!e, b/ the R+C*Ba-o Cit/$#% 0hich ha, a0a!,e, hi. a total of PhP%:$;&&$&&& in co.pensation an, ,a.a-es' #< In suppo!tin- his p!a/e! fo! ,isc!etiona!/ e(ecution$ Pe6a cite, the pen,in- sepa!ate civil action fo! collection file, a-ainst hi. b/ his c!e,ito!*f!ien,$ 0ho 0as ,e.an,in- pa/.ent of a PhP<$&&&$&&& loan'#7 Acco!,in- to Pe6a$ he ha, use, the p!ocee,s of the loan fo! secu!in- the ban=5s Pasa/ p!ope!t/' No o*&0. .0 2o! /o. *&0 5. 30. /o. 0:0)+*'o! 50!"'!- 550 ( ; 2 -'10! 73 P0B o*&0. *& ! *&'2 )o((0)*'o! 2+'*.#;

In opposition to the .otion$ U!ban Ban= counte!e, that the collection case 0as not a sufficient !eason fo! allo0in- e(ecution pen,in- appeal'#D On %# Octobe! "###$ the R+C*Ba-o Cit/$ th!ou-h Hu,-e >en!/ H' +!ocino$ #C favo!abl/ -!ante, Pe6a5s .otion an, issue, a Special O!,e! autho!i4in- e(ecution pen,in- appeal' #: In acco!,ance 0ith this Special O!,e!$ Att/' Hosephine Mutia*>a-a,$ the cle!= of cou!t an, e( officio she!iff$ issue, a @!it of E(ecution## on the sa.e ,a/' "&&+he Special O!,e! an, @!it of E(ecution 0e!e ,i!ecte, at the p!ope!ties o0ne, b/ U!ban Ban= as 0ell as the p!ope!ties of the ei-ht in,ivi,ual ban= ,i!ecto!s an, office!s' On &7 Nove.be! "###$ affecte, b/ the t!ial cou!t5s -!ant of e(ecution pen,in- appeal$ U!ban Ban= "&" file, a Rule D; Petition 0ith the CA to en9oin the Special O!,e! an, @!it of E(ecution issue, b/ the t!ial cou!t 0ith a p!a/e! fo! a +RO'"&% On &# Nove.be! "###$ the appellate cou!t favo!abl/ -!ante, the +RO an, p!eli.ina!il/ p!ohibite, the i.ple.entation of the Special O!,e! an, @!it of E(ecution' "&< On "% Hanua!/ %&&&$ the CA eventuall/ -!ante, U!ban Ban=5s Rule D; Petition$ an, the R+C5s Special O!,e! an, @!it of E(ecution$ 0hich pe!.itte, e(ecution pen,in- appeal$ 0e!e annulle,' +he appellate cou!t !ule,1"&7 @>EREKORE$ the instant petition is ERAN+ED' +he Special O!,e! an, 0!it of e(ecution$ both ,ate, Octobe! %#$ "###$ a!e ANNUFFED an, SE+ ASIDE' Respon,ents a!e ,i!ecte, to ,esist f!o. fu!the! i.ple.entin- the 0!it of e(ecution an, to lift the -a!nish.ent an, lev/ .a,e pu!suant the!eto'
"&;

On &% Keb!ua!/ %&&&$ Pe6a .ove, fo! the !econsi,e!ation of the CA5s Decision8 "&D 0hile petitione!s file, thei! co!!espon,in- Co..entPOpposition the!eto'"&C Du!in- the pen,enc/ of Pe6a5s Motion fo! Reconsi,e!ation$ U!ban Ban= ,ecla!e, a ban= holi,a/ on %D Ap!il %&&& an, 0as place, un,e! !eceive!ship of the Philippine Deposit Insu!ance Co!po!ation 2PDIC3' "&: In its A.en,e, Decision ,ate, ": Au-ust %&&&$ the CA "&# favo!abl/ -!ante, Pe6a5s Motion fo! Reconsi,e!ation$ an, !eve!se, its ea!lie! Decision to allo0 e(ecution pen,in- appeal' ""& +he appellate cou!t foun, that the ban= holi,a/ ,ecla!e, b/ the BSP afte! the p!o.ul-ation of its ea!lie! Decision$ PDIC5s !eceive!ship of U!ban Ban=$ an, the i..inent insolvenc/ the!eof constitute, chan-es in the ban=5s con,itions that 0oul, 9ustif/ e(ecution pen,in- appeal' """ On %# Au-ust %&&&$ U!ban Ban= an, its office!s .ove, fo! the !econsi,e!ation of the A.en,e, Decision'""% +he De Feon E!oup subse?uentl/ file, seve!al Supple.ental Motions fo!

Reconsi,e!ation'""< +he!eafte!$ !espon,ents +eo,o!o Bo!lon-an an, Co!a4on M' Be9asa also file, thei! sepa!ate Supple.ental Motion fo! Reconsi,e!ation$""7as ,i, petitione! Ben +' Fi.$ H!'"";

On "# Octobe! %&&&$ the Cou!t of Appeals ,enie, the .otion fo! !econsi,e!ation fo! lac= of .e!it an, the othe! subse?uent Supple.ental Motions fo! Reconsi,e!ation fo! bein- file, out of ti.e' ""D +he appellate cou!t also o!,e!e, Pe6a to post an in,e.nit/ bon,' ""C +he A.en,e, Decision an, the Resolution 0e!e the sub9ects of seve!al Rule 7; Petitions file, b/ U!ban Ban= an, in,ivi,ual petitione!s 2E' R' Nos' "7;:"C$ "7;:": an, "7;:%%3' On the sa.e ,a/ the CA ,enie, its Motion fo! Reconsi,e!ation$ the De Feon E!oup i..e,iatel/ .ove, fo! the sta/ of e(ecution pen,in- appeal upon the filin- of a supe!se,eas bon,' "": On <" Octobe! %&&&$ the CA""# -!ante, the sta/ of the e(ecution upon the filin- b/ the De Feon E!oup of a PhP7&$&&&$&&& bon, in favo! of Pe6a'"%& Pe6a .ove, fo! the !econsi,e!ation of the sta/ o!,e!' "%" In its Resolution ,ate, &: Dece.be! %&&&$ "%% the appellate cou!t ,enie, Pe6a5s Motion fo! Reconsi,e!ation an, a sta/ o!,e! ove! the e(ecution pen,in- appeal 0as issue, in favo! of the De Feon E!oup$ afte! the/ ha, file, thei! supe!se,eas bon,' "%< +he sta/ of e(ecution pen,in- appeal$ ho0eve!$ e(clu,e, U!ban Ban='"%7 On &: Dece.be! %&&&$ Pe6a poste, his in,e.nit/ bon, as !e?ui!e, b/ the CA' "%; As .entione, ea!lie!$ U!ban Ban=$ the De Feon E!oup$ an, the Bo!lon-an E!oup file, a!oun, Dece.be! %&&& sepa!ate Rule 7; Petitions in this Cou!t$ to assail the unfavo!able CA A.en,e, Decision an, Resolution that affi!.e, the e(ecution pen,in- appeal' +he ,etails of these Rule 7; Petitions 0ill be ,iscusse, in ,etail late! on' In the .eanti.e$ E(po!t an, In,ust!/ Ban= 2EIB3 sub.itte, its p!oposal fo! !ehabilitation of U!ban Ban= to the BSP$ an, !e?ueste, that the t!ouble, ban= be !e.ove, f!o. !eceive!ship of the PDIC' On "% Hul/ %&&"$ o! al.ost a /ea! afte! the Cou!t of Appeals a.en,e, its ,ecision to allo0 e(ecution pen,inappeal$ the !ehabilitation plan of U!ban Ban= 0as app!ove, b/ the Moneta!/ Boa!, of the BSP' "%D +hus$ the Moneta!/ Boa!, subse?uentl/ lifte, PDIC5s statuto!/ !eceive!ship of the ban=' "%C On "7 Septe.be! %&&"$ U!ban Ban=$ t!/in- to follo0 the lea, of the De Feon E!oup$ .a,e a si.ila! !e?uest 0ith the Cou!t of Appeals fo! app!oval of its o0n supe!se,eas bon,$ "%: fo! the sa.e a.ount of PhP7&$&&&$&&&$ an, p!a/e, that the e(ecution of the R+C*Ba-o Cit/5s Decision a-ainst it be sta/e, as 0ell'"%# So.eti.e in Septe.be! an, Octobe! %&&"$ U!ban Ban= be-an !eceivin- notices of lev/ an, -a!nish.ent ove! its p!ope!ties' Afte! it !eceive, Notice of the i.pen,in- public e(ecution sale of its sha!es in the +a-a/ta/ >i-hlan,s Inte!national Eolf Club$ "<& U!ban Ban= !eite!ate, its !e?uest fo! the app!oval of the supe!se,eas bon, 0ith the Cou!t of Appeals an, the issuance of the co!!espon,in- sta/ o!,e!' "<" +he appellate cou!t$ ho0eve!$ .e!el/ note, U!ban Ban=5s .otion on the -!oun, that the!e 0as no sho0in- 0hethe! a petition to the Sup!e.e Cou!t ha, been file, o! -iven ,ue cou!se o! ,enie,' "<%

Afte! the ,enial b/ the Cou!t of Appeals of U!ban Ban=5s .otion fo! app!oval of its supe!se,eas bon,$ so.e of the levie, p!ope!ties of U!ban Ban= an, the othe! ban= office!s 0e!e sol, on public auction' +he table belo0 lists the p!ope!ties that appea! on !eco!, to have been levie, an,Po! sol, on e(ecution pen,in- appeal an, the app!o(i.ate value of so.e of these p!ope!ties' +he/ ,o not inclu,e p!ope!ties cove!e, b/ the Petition ,oc=ete, as E' R' No' "7;:":' T 7(0 o/ L01'0", G .!'2&0" !"Ao. E:0)+*0" P.o50.*'02 P0!"'!- A550 ( Owner/ Defendant Property Description T ree !lub " ares Ta#aytay $i# lands %nternational &olf !lub'(( T ree !lub " ares in .akati "ports, !lub, %nc- 1."!%2 3!o4ered by "tock !ertificate 5os- A6 '0+(, A67()8 and B69*7:'(8 Estimated Value or Price at Public Auction Total Amount Remarks

As of )* December '+++, one s are was sellin# at P'-* .illion-'(/ /,0)),))) As of )* December '+++, ."!% !lub " ares ;A< and ;B< were sellin# at P P*8),))) and P P9)),))), respecti4ely- '(* 7,))),)))'(9 T e i# est bid price obtained for t e condominium units was P P'. at t e time of t e e?ecution sale-'(+ 08,))),))) Atty- Pe=a was one of t e winnin# bidders in t e auction sale to#et er wit is creditor friend, Roberto %#nacio, and Atty- Ramon Ere=eta%nter4enor Unime#a purc ased t e ') condominium units in t e auction sale for P'. eac or a total of P') .-'/)

08 !ondominium Units in t e Urban Bank Pla>a, .akati !ity'(0 A '88 s@mcondominium unit, .akati !ity 1!!T 5o- 89*+92 '/'

'7,/)),)))

A '7-8 s@mcondominium parkin# space 1Parkin# T ree, Unit P6/*2 in .akati !ity Estimates are based on 1!!T 5o- 89*+02'/( report of Urban Bank'/7 A */,*99 s@m- land in Ta#aytay !ity 1T!T 5o- 7)/9'2'// Value based on estimate of Urban Bank'/8

8)),)))

Urban Bank Teodoro Borlon#an

(8,897,(8) 5otice of "ale on E?ecution on Personal Property dated 78 Au#ust 7)))'/0

One !lub " are in Borlon#anAs club s are .anila Polo !lub 15o- was estimated to be 4alued (/((2'/* at P',))),)))-'/9 ',))),))) One !lub " are in One club s are was 8)),)))

"ubic Bay Bac t !lub'/+ One !lub " are in Ba#uio !ountry !lub'8'

estimated to be 4alued at P8)),)))-'8) As of )* December '+++, one s are was sellin# at P09),)))-'87 09),))) As of )* December '+++, ."!% !lub " ares ;A< and ;B< were sellin# at P P*8),))) and P P9)),))) respecti4ely- '8/ *8),))) 5o estimate a4ailable on record5otice of "ale on E?ecution on Personal Property dated 78 Au#ust 7)))'80

One !lub " are in ."!%'8( Real Property'88

One !lub " are in &on>alesA club s are was .anila Polo !lub 15o- estimated to be 4alued at (0'02'8* P/,))),)))-'89 /,))),))) One !lub " are in Ba#uio !ountry !lub-'8+ One !lub " are in Alaban# !ountry !lub 1.ember 5o88)2'*' (),808 s ares of stock in D- !&on>ales, Cr-, %nc-'*( Delfin !&on>ales, Cr&on>alesA club s are was estimated to be 4alued at P',)99,)))-'*) ',)99,))) &on>alesA club s are was estimated to be 4alued at P7,))),)))-'*7 7,))),)))

P7)-)) per s are'*/

*'',9))

/) " ares of stock in D- !- &on>ales, Cr-, %nc-'*8 P8)-)) per s are'** One !lub " are in .anila Polo !lub 1wit Associate .embers ip2 35o- )8+9:'*9 One !lub " are in ."!% 1"tock !ertificate 5o- A6 '982'9)

7,))) 5otice of "ale on E?ecution on Personal Property dated 78 Au#ust 7)))'*+

De EeonAs " are was estimated at P/ . for t e s are and P'-)8 . for t e associate members ip-'*0 8,)8),)))

De EeonAs s are was estimated at P/8),)))-'9'

/8),)))

BenDamin E- de Eeon

One !lub " are in Ba#uio !ountry !lub 1887(2'97

As of )* December '+++, one s are was sellin# at least P09),)))-'9( 09),))) 5o records a4ailable as to properties le4ied, #arnis ed or e?ecuted pendin# appeal-

P- "ier4o &Di>on

One !lub " are in .anila Polo !lub 17)(02'9/ One !lub " are in .anila &olf !lub, %nc-'99 One !lub " are in "ta- Elena &olf !lub, %nc- 1!lass ;A< " are2 '9+ Two !lub " ares in Ta#aytay $i# lands %ntAl &olf !lub, %nc- '0' One !lub " are in "ubic Bac t !lub'0/ *),989 " ares of stock in EFE Properties, %nc-'0*

EeeAsA club s are was estimated to be 4alued at P/,))),)))-'98 /,))),))) EeeAs club s are was estimated to be 4alued at P'8,98),)))-'90 '8,98),))) EeeAs club s are was estimated to be 4alued at P7,))),)))-'0) 7,))),))) EeeAs club s ares were estimated to be 4alued at P',))),)))-'07 ',))),))) EeeAs club s are was estimated to be 4alued at P8)),)))-'08 8)),)))

5otice of "ale on E?ecution on Personal Property dated 78 Au#ust 7)))'9*

5otice of "ale on E?ecution on Personal Property dated 78 Au#ust 7)))'0(

P7)-)) per s are

',7'/,'/)

/) " ares of stock in EFE Properties, %nc- '09 P8)-)) per s are Eric E- Eee !as #arnis ed from BP% Account'00

7,))) ')),))) 5o records a4ailable as to properties le4ied, #arnis ed or e?ecuted pendin# appeal-

Ben T- Eim, Cr!ora>on BeDasa Arturo .anuel, Cr-, TOTAL VALUE Real Property'0+ Real Property'+) 5o estimated 4alue5o estimated 4alue181,919,190

+he su. of P&P181,=1=,1=E ,oes not inclu,e .an/ othe! p!ope!ties an, it is not ,ifficult to believe that the total value cove!e, !eache, .o!e than that' "#" In su..a!/$ the esti.ate, values an,Po! pu!chase p!ices at the auction sale of the p!ope!ties of U!ban Ban= an, its office!s a.ounte, to no less than P&P181,=1=,1=E al!ea,/' +his a.ounts to al.ost si( ti.es the value of the a0a!, -iven b/ the t!ial cou!t' Othe!0ise state,$ Pe6a$ as 9u,-.ent c!e,ito!$ 0as ove!l/ secu!e, b/ the levie, an,Po! -a!nishe, p!ope!ties fo! the a.ount of PhP%:$;&&$&&&$ 0he!e the 9u,-.ent a0a!, 0as still sub9ect of !eve!sal on appeal'

On %% Octobe! %&&"$ U!ban Ban=$ 0ith !espect to its pen,in- Rule 7; Petition in this Cou!t$ .ove, fo! the app!oval of its PhP7&$&&&$&&& supe!se,eas bon, "#% an, !e?ueste, that the Cou!t sta/ the e(ecution pen,in- appeal'"#< Pe6a oppose, the .otion on the -!oun, that it ha, al!ea,/ been !en,e!e, .oot an, aca,e.ic b/ the sale of the p!ope!ties of the ban=' "#7 On %< Octobe! %&&%$ o! al.ost a /ea! afte! so.e of the con,o.iniu. units 0e!e sol, in a public auction$ EIB$ as the successo! of U!ban Ban=$ e(p!esse, to the she!iff of R+C*Ba-o Cit/ an intent to !e,ee. the sai, con,o.iniu. units'"#; +hus$ EIB ten,e!e, th!ee .ana-e!5s chec=s in the total a.ount of PhP%%$"&:$:&&"#D to !e,ee. the p!ope!ties that 0e!e p!eviousl/ un,e! the na.e of U!ban Ban='"#C Althou-h the t!ial cou!t note, the ban=5s Manifestation$ "#: the she!iff !etu!ne, the EIB5s .ana-e!5s chec=s' +hus$ on %# Octobe! %&&%$ EIB$ th!ou-h a .otion$ 0as p!o.pte, to tu!n ove! the chec=s to the t!ial cou!t itself'"## @hen U!ban Ban= suppose,l/ faile, to !e,ee. the con,o.iniu. units acco!,in- to the she!iff$ %&& final Ce!tificates of Sale 0e!e issue, in favo! of Uni.e-a on &7 Nove.be! %&&%' %&" Upon the latte!5s .otion$ R+C*Ba-o Cit/$ in its O!,e! ,ate, "< Nove.be! %&&%$ o!,e!e, the Re-iste! of Dee,s of Ma=ati to t!ansfe! the Con,o.iniu. Ce!tificates of +itle to the na.e of Uni.e-a' %&% It has not been sho0n$ thou-h$ 0hethe! this O!,e! 0as follo0e,' +his Cou!t$ actin- on U!ban Ban=5s ea!lie! .otion to app!ove its supe!se,eas bon,$ -!ante, the sa.e in its Resolution ,ate, "# Nove.be! %&&"' %&< Pe6a .ove, fo! !econsi,e!ation of the app!oval$ %&7 but his .otion 0as subse?uentl/ ,enie, b/ the Cou!t'%&; Proceedings in the Supreme Court (G. R. Nos. 145 1!, 145 1 " 145 ##$ On %" Dece.be! %&&&$ U!ban Ban=$%&D !ep!esente, b/ its !eceive!$ PDIC$%&C file, a Rule 7; Petition 0ith this Cou!t 2,oc=ete, as E' R' No' "7;:"C3 to assail the CA5s A.en,e, Decision an, Resolution -!antine(ecution pen,in- appeal'%&: In !esponse$ Pe6a .ove, fo! the ,enial of the petition on the -!oun,s of lac= .e!it$ violation of the !ule a-ainst fo!u. shoppin-$ an, non*pa/.ent of ,oc=et fees$ a.on- othe!s' %&# In a sepa!ate Co..ent$%"& Pe6a also a!-ue, that the appellate cou!t ha, co..itte, no e!!o! 0hen it consi,e!e, the ban=5s Ii..inent insolvenc/M as a -oo, !eason fo! uphol,in- the vali,it/ of the e(ecution pen,in- appeal' On the othe! han,$ the Bo!lon-an E!oup %"" file, a sepa!ate Rule 7; Petition ?uestionin- the sa.e Decision an, Resolution$ ,oc=ete, as E' R' No' "7;:":' %"% +his Cou!t initiall/ ,enie, thei! petition on the -!oun, that it faile, to sufficientl/ sho0 that the CA co..itte, !eve!sible o!,e!' %"< +he Bo!lon-an E!oup t0ice .ove, fo! the !econsi,e!ation of the ,enial of thei! petition8 but the Cou!t nonetheless ,enie, both .otions fo! lac= of .e!it'%"7+his ,enial of the petition in E' R' No' "7;:": beca.e final an, e(ecuto!/$ 0ith the issuance of the Ent!/ of Hu,-.ent'%";

Mean0hile$ anothe! Rule 7; Petition 2E' R' No' "7;:%%3 %"D 0as file, b/ the De Feon E!oup$ assailin- the sa.e Decisions of the appellate cou!t' +he Cou!t also p!eli.ina!il/ ,enie, this petition on the -!oun, that the De Feon E!oup faile, to file the appeal 0ithin the !e-le.enta!/ pe!io, an, to pa/ ce!tain fees' %"C Despite the ,enial of the Rule 7; Petition in E' R' No' "7;:%% file, b/ the De Feon E!oup$ the Cou!t nonetheless o!,e!e, that the case be consoli,ate, 0ith U!ban Ban=5s o0n Rule 7; Petition in E' R' No' "7;:"C'%": +he Cou!t subse?uentl/ -ave ,ue cou!se to both of these petitions' %"# In co.pliance 0ith the Cou!t5s O!,e!$%%& U!ban Ban=%%" an, the De Feon E!oup%%% file, thei! !espective Me.o!an,a' As ,etaile, ea!lie!$ the Cou!t -!ante, an, app!ove, U!ban Ban=5s supe!se,eas bon, an, sta/e, the e(ecution pen,in- appeal' Consi,e!in- the favo!able sta/ of e(ecution pen,in- appeal$ EIB$ as the ne0 o0ne! an, successo! of U!ban Ban=$ i..e,iatel/ 0!ote to tell %%< the co!po!ate sec!eta!/ of MSCI not to effect the cancellation o! t!ansfe! of U!ban Ban=5s th!ee MSCI stoc= ce!tificates p!eviousl/ sol, in a public auction'
%%7

In !epl/$ MSCI

e(plaine, that since the!e 0as no in9unction o! sta/ o!,e!$ it ha, no othe! option but to co.pl/ 0ith the t!ial cou!t5s O!,e! fo! the t!ansfe!' Eventuall/$ ho0eve!$ it coul, not effect the t!ansfe! of one of the sha!es to Pe6a because a club sha!e ha, al!ea,/ been p!eviousl/ !e-iste!e, in his na.e$ an, the club5s b/la0s p!ohibite, a natu!al pe!son f!o. o0nin- .o!e than one sha!e' %%; Mean0hile$ one of the 0innin- bi,,e!s in the public auction sale of the MSCI sha!es 0!ote to the latte! to ,e.an, that the club sha!e p!eviousl/ o0ne, b/ U!ban Ban= be t!ansfe!!e, to hi.'%%D On &7 Keb!ua!/ %&&%$ consi,e!in- the conflictin- clai.s of U!ban Ban= 2th!ou-h EIB3 an, the 0inninbi,,e!s of the club sha!es$ MSCI file, a Motion fo! Cla!ification of the Cou!t5s Resolution sta/in- the e(ecution pen,in- appeal'%%C In its Motion fo! Cla!ification ,ate, &D Au-ust %&&%$ U!ban Ban= li=e0ise !e?ueste, cla!ification of 0hethe! the sta/ o!,e! suspen,e,$ as 0ell$ its !i-ht to !e,ee. the p!ope!ties sol, at a public auction'%%: +he cop/ of U!ban Ban=5s .otion fo! cla!ification inten,e, fo! Pe6a 0as .ista=enl/ sent to the 0!on- counsel' In its Resolution ,ate, "< Nove.be! %&&%$ the Cou!t e(plaine, that its ea!lie! sta/ o!,e! p!ohibite, the MSCI f!o. t!ansfe!!in- the sha!es$ an, that the one*/ea! pe!io, fo! !e,e.ption of the ban=5s p!ope!ties 0as li=e0ise suspen,e,1 @>EREKORE$ the Cou!t he!eb/ RESOF ES to cla!if/ that as a conse?uence of its app!oval of the supe!se,eas bon,, *&0 .+!!'!- o/ *&0 o!0D30 . 50.'o" /o. 50*'*'o!0. U.7 ! B !, *o .0"004 *&0 5.o50.*'02 2o(" * *&0 5+7(') +)*'o!2 &0(" o! O)*o70. 4, 11 !" 25, 2EE1 2 ;0(( 2 *&0

)o!2o('" *'o! o/ *&0 *'*(02 '! / 1o. o/ *&0 7+30.2, '2 SUSPENDED OR STA6ED ' MSCI is also

p!ohibite, f!o. t!ansfe!!in- petitione! U!ban Ban=5s MSCI club sha!es to the 0innin- bi,,e!s in the e(ecution sale hel, on Octobe! ""$ %&&"'%%# 2E.phasis supplie,3 On &# Dece.be! %&&%$ Pe6a .ove, that the Cou!t5s Resolution be !ecalle,$ because he 0as not -iven an oppo!tunit/ to be hea!, on U!ban Ban=5s Motion fo! Cla!ification$ 0hich 0as sent to a ,iffe!ent counsel'%<&Inte!posin- its ob9ection$ the ban= a!-ue, that the e!!o! in .ista=enl/ sen,in- the Motion fo! cla!ification to a ,iffe!ent counsel 0as b/ shee! ina,ve!tence$ %<" but Pe6a 0as nonetheless a0a!e of the .otion$ an, that the Cou!t5s cla!ification ,i, not c!eate o! ,i.inish his !i-hts in an/ case' %<% +he Motion fo! Cla!ification file, b/ U!ban Ban=$ the Cou!t5s Resolution ,ate, "< Nove.be! %&&% an, Pe6a5s O.nibus Motion p!a/in- fo! the !ecall of the sai, Resolution beca.e the sub9ect of an a,.inist!ative case 2A,.inist!ative Case No' D<<%3$ 0hich 0as t!eate, as a sepa!ate .atte! an, late! on ,e*consoli,ate, 0ith the instant Petitions' %<< +he Cou!t ha, even calle, fo! an e(ecutive session %<7 in 0hich Pe6a$ a.on- othe!s$ appea!e, an, 0as ?uestione, b/ the then .e.be!s of the Cou!t5s Ki!st Division$ na.el/ !eti!e, Chief Hustice >ila!io Davi,e$ Hustices Hose itu-$ Antonio Ca!pio an, A,olfo A4cuna'

Althou-h the Petitions ha, ea!lie! been assi-ne, to Hustice Ca!pio$ he has since ta=en no pa!t in the p!ocee,in-s of this case an, this !esulte, in the !e*!afflin- of the Petitions' +he t!ansfe! an, unloa,in- of the case b/ the subse?uentl/ assi-ne, Hustices as 0ell as Pe6a5s nu.e!ous .otions fo! inhibition an,Po! !e*!affle has li=e0ise cause consi,e!able ,ela/ in the ,isposition of the instant Petitions an, the A,.inist!ative Case' Uni.e-a$ 0hich 0as the 0innin- bi,,e! of so.e of the publicl/ e(ecute, con,o.iniu. units of U!ban Ban=$ .ove, to inte!vene in the case an, to have the Cou!t5s sa.e Resolution suspen,in- the one*/ea! pe!io, of !e,e.ption of the p!ope!ties be !econsi,e!e,' %<; Uni.e-a clai.e, that o0ne!ship of the ban=5s titles to the "& con,o.iniu. units ha, al!ea,/ been t!ansfe!!e, to the fo!.e! at the ti.e the Cou!t issue, the Resolution8 an,$ thus$ the!e 0as no .o!e e(ecution to be suspen,e, o! sta/e,' Onl/ U!ban Ban=%<D oppose, the .otion%<C of inte!veno! Uni.e-a on the -!oun, that the latte! 0as not a bu/e! in -oo, faith$ an, that the pu!chase p!ice 0as -!ossl/ ,isp!opo!tional to the fai! .a!=et value of the con,o.iniu. units'%<: +he Cou!t eventuall/ -!ante, the Motion to Inte!vene consi,e!in- that the inte!veno!5s title to the con,o.iniu. units pu!chase, at the public auction 0oul, be affecte,$ favo!abl/ o! othe!0ise$ b/ the 9u,-.ent of the Cou!t in this case' >o0eve!$ it hel, in abe/ance the !esolution of inte!veno!5s Motion fo! Reconsi,e!ation$ 0hich .i-ht p!ee.pt the ,ecision 0ith !espect to the p!op!iet/ of e(ecution pen,inappeal'%<# +he!eafte!$ the ban= a,opte, its ea!lie! Opposition to the inte!vention as its ans0e! to Uni.e-a5s petition*in*inte!vention'%7& Also in ans0e! the!eto$ the De Feon E!oup a,opte, its ea!lie! Manifestation an, Co..ent'%7"

Inte!veno! Uni.e-a then !e?ueste, that a 0!it of possession be issue, in its favo! cove!in- the "& con,o.iniu. units sol, ,u!in- the public auction' %7% +he Cou!t !e?ui!e, the pa!ties to file thei! co..ents on the !e?uest'%7<+he Fi.%77 an, Bo!lon-an E!oups%7; .anifeste, sepa!atel/ that the/ 0oul, not be affecte, b/ a !esolution of the !e?uest of inte!veno! Uni.e-a$ since the latte! 0as not a.on- the conten,inpa!ties to the inci,ent' Pe6a si.ila!l/ inte!pose, no ob9ection to the issuance of the 0!it of possession'%7D In cont!ast$ U!ban Ban= oppose, the application of Uni.e-a on the -!oun, that the latte! 0as not entitle, to possession of the levie, p!ope!ties$ because the !ules of e(t!a9u,icial fo!eclosu!e 0e!e not applicable to e(ecution sales un,e! Rule <#$ an, that inte!veno! 0as also not a bu/e! in -oo, faith'%7C In a si.ila! vein$ the De Feon E!oup oppose, the application fo! a 0!it of possession$ an, fu!the! a!-ue, that the Cou!t ha, al!ea,/ suspen,e, the !unnin- of the one*/ea! pe!io, of !e,e.ption in the e(ecution sale'%7: Acco!,in-l/$ inte!veno! Uni.e-a counte!e, that the !i-ht of !e,e.ption of the levie, p!ope!ties ha, al!ea,/ e(pi!e, 0ithout havin- been e(e!cise, b/ the 9u,-.ent ,ebto!' %7# In su..a!/$ the Cou!t shall !esolve the substantial issues in the follo0in-1 2a3 the Petition of Pe6a 2E' R' No' "D%;D%3 assailin- the CA5s ,ecision on the substantive .e!its of the case 0ith !espect to his clai.s of co.pensation base, on an a-enc/ a-!ee.ent8 an, 2b3 the Petitions of U!ban Ban= 2E' R' No' "7;:"C3 an, the De Feon E!oup 2E R' No' "7;:%%3 ?uestionin- the p!op!iet/ of the -!ant of e(ecution pen,inappeal' OUR RULING I P0B '2 0!*'*(0" *o 5 340!* /o. )o450!2 *'o! /o. 20.1')02 .0!"0.0" 2 -0!* o/ U.7 ! B !,, 7+* o! *&0 7 2'2 o/ *&0 5.'!)'5(02 o/ +!8+2* 0!.')&40!* !" quantum meruit, !" !o* o! *&0 5+.5o.*0" o. ( )o!*. )*. +he Cou!t fin,s that Pe6a shoul, be pai, fo! se!vices !en,e!e, un,e! the a-enc/ !elationship that e(iste, bet0een hi. an, U!ban Ban= base, on the civil la0 p!inciple a-ainst un9ust en!ich.ent$ but the a.ount of pa/.ent he is entitle, to shoul, be .a,e$ a-ain$ un,e! the p!inciple a-ainst un9ust en!ich.ent an, on the basis of ?uantu. .e!uit' In a cont!act of a-enc/$ a-ents bin, the.selves to !en,e! so.e se!vice o! to ,o so.ethin- in !ep!esentation o! on behalf of the p!incipal$ 0ith the consent o! autho!it/ of the latte!' %;& +he basis of the civil la0 !elationship of a-enc/ is !ep!esentation$
%;"

the ele.ents of 0hich inclu,e the follo0in-1 2a3 the

!elationship is establishe, b/ the pa!ties5 consent$ e(p!ess o! i.plie,8 2b3 the ob9ect is the e(ecution of a 9u!i,ical act in !elation to a thi!, pe!son8 2c3 a-ents act as !ep!esentatives an, not fo! the.selves8 an, 2,3 a-ents act 0ithin the scope of thei! autho!it/' %;%

@hethe! o! not an a-enc/ has been c!eate, is ,ete!.ine, b/ the fact that one is !ep!esentin- an, actinfo! anothe!'%;< +he la0 .a=es no p!esu.ption of a-enc/8 p!ovin- its e(istence$ natu!e an, e(tent is incu.bent upon the pe!son alle-in- it'%;7 @ith !espect to the status of Att/' Pe6a5s !elationship 0ith U!ban Ban=$ the t!ial an, the appellate cou!ts .a,e conflictin- fin,in-s that shall be !econcile, b/ the Cou!t' On one en,$ the appellate cou!t .a,e a ,efinitive !ulin- that no a-enc/ !elationship e(iste, at all bet0een Pe6a an, the ban=$ ,espite the se!vices pe!fo!.e, b/ Pe6a 0ith !espect to the Pasa/ p!ope!t/ pu!chase, b/ the ban=' Althou-h the Cou!t of Appeals !ule, a-ainst an a0a!, of a-ent5s co.pensation$ it still sa0 fit to a0a!, Pe6a 0ith Ph<$&&&$&&& fo! e(penses incu!!e, fo! his effo!ts in clea!in- the Pasa/ p!ope!t/ of tenants' %;; On the othe! e(t!e.e$ the t!ial cou!t heavil/ !elie, on the sole telephone conve!sation bet0een Pe6a an, U!ban Ban=5s P!esi,ent to establish that the p!incipal*a-ent !elationship c!eate, bet0een the. inclu,e, an a-!ee.ent to pa/ Pe6a the &+-0 4o+!* o/ P&P24,EEE,EEE' In its ,efense$ U!ban Ban= insiste, that Pe6a 0as neve! an a-ent of the ban=$ but an a-ent of ISCI$ since the latte!$ as selle! of the Pasa/ p!ope!t/ co..itte, to t!ansfe!!in- it f!ee f!o. tenants' Mean0hile$ Pe6a a!-ues on the basis of his successful an, peaceful e9ect.ent of the sub*tenants$ 0ho p!eviousl/ occupie, the Pasa/ p!ope!t/' B 20" o! *&0 01'"0!)0 o! .0)o."2 !" *&0 5.o)00"'!-2 70(o;, *&0 Co+.* )o!)(+"02 *& * U.7 ! B !, )o!2*'*+*0" A**3. P0B 2 '*2 -0!* *o 20)+.0 5o22022'o! o/ *&0 P 2 3 5.o50.*3. T&'2

)o!)(+2'o!, &o;010., '2 !o* "0*0.4'! *'10 o/ *&0 7 2'2 o/ *&0 4o+!* o/ 5 340!* *& * 4+2* 70 4 "0 *o &'4 73 *&0 7 !,. T&0 )o!*0:* '! ;&')& *&0 4o+!* o/ )o450!2 *'o! A**3. P0B '2 0!*'*(0" *o. +he t!ansactional histo!/ an, conte(t of the sale bet0een ISCI an, U!ban Ban= of the Pasa/ p!ope!t/$ an, Att/' Pe6a5s pa!ticipation in the t!ansfe! of possession the!eof to U!ban Ban= p!ovi,e c!ucial lin=a-es that establish the natu!e of the !elationship bet0een the la0/e! an, the lan,o0ne!*ban=' +he evi,ence !eveals that at the ti.e that the Cont!act to Sell 0as e(ecute, on "; Nove.be! "##7$ an, even 0hen the Dee, of Absolute Sale 0as e(ecute, t0o 0ee=s late! on %# Nove.be! "##7$ as fa! as U!ban Ban= 0as conce!ne,$ Pe6a 0as no0he!e in the pictu!e' All ,iscussions an, co!!espon,ences 0e!e bet0een the P!esi,ent an, Co!po!ate Sec!eta!/ of U!ban Ban=$ on one han,$ an, the P!esi,ent of ISCI$ on the othe!' +he title to the Pasa/ p!ope!t/ 0as t!ansfe!!e, to U!ban Ban= on ; Dece.be! "##7' Inte!estin-l/$ Pe6a testifies that it 0as onl/ on "# Dece.be! "##7 that he lea!ne, that the lan, ha, al!ea,/ been sol, b/ ISCI to U!ban Ban=$ not0ithstan,in- the fact that Pe6a 0as a ,i!ecto! of ISCI' Pe6a 0as not as=e, to !en,e! an/ se!vice fo! U!ban Ban=$ neithe! ,i, he pe!fo!. an/ se!vice fo! U!ban Ban= at that point' -0!)3 ; 2 ).0 *0" ( 32 *&0 7 2'2 /o. *&0

ISCI un,e!too= in the Cont!act to Sell$ to ph/sicall/ ,elive! the p!ope!t/ to U!ban Ban=$ 0ithin D& ,a/s f!o. %# Nove.be! "##7$%;D un,e! con,itions of Ifull an, actual possession an, cont!ol Q$ f!ee f!o. tenants$ occupants$ s?uatte!s o! othe! st!uctu!es o! f!o. an/ liens$ encu.b!ances$ ease.ents o! an/ othe! obst!uction o! i.pe,i.ent to the f!ee use an, occupanc/ b/ the bu/e! of the sub9ect P!ope!t/ o! its e(e!cise of the !i-hts to o0ne!ship ove! the sub9ect P!ope!t/Q'M %;C +o -ua!antee this un,e!ta=in-$ ISCI a-!ee, to the esc!o0 p!ovision 0he!e PhP%;$&&&$&&& 20hich is a little ove! "&A of the value of the Pasa/ p!ope!t/3 0oul, be 0ithhel, b/ U!ban Ban= f!o. the total cont!act p!ice until the!e is full co.pliance 0ith this un,e!ta=in-' Appa!entl/ to ensu!e that ISCI is able to ,elive! the p!ope!t/ ph/sicall/ clean to U!ban Ban=$ it 0as ISCI5s p!esi,ent$ En!i?ue Montilla 0ho ,i!ecte, on %D Nove.be! "##7 one of its ,i!ecto!s$ Pe6a$ to i..e,iatel/ !ecove! an, ta=e possession of the p!ope!t/ upon e(pi!ation of the cont!act of lease on %# Nove.be! "##7'%;: Pe6a thus fi!st ca.e into the pictu!e as a ,i!ecto! of ISCI 0ho 0as constitute, as its a-ent to !ecove! the Pasa/ p!ope!t/ a-ainst the lessee as 0ell as the sub*tenants 0ho 0e!e occup/in- the p!ope!t/ in violation of the lease a-!ee.ent' %;# >e 0as able to obtain possession of the p!ope!t/ f!o. the lessee on the follo0in- ,a/$ but the unautho!i4e, sub*tenants !efuse, to vacate the p!ope!t/' It 0as onl/ on C Dece.be! "##7$ that U!ban Ban= 0as info!.e, of the se!vices that Pe6a 0as !en,e!info! ISCI' +he fa(e, lette! f!o. ISCI5s Ma!il/n On- !ea,s1 A**3. M -" (0!o M. P0B , ;&o & 2 700! 22'-!0" 73 I2 70( S+- . Co45 !3, I!)., *o * ,0 )& .-0 o/ '!250)*'!- *&0 *0! !*2 0oul, li=e to !e?uest an autho!it/ si.ila! to this f!o. the Ban=$ as ne0 o0ne!s' Can /ou please issue so.ethin- li=e this to,a/ as he nee,s this' %D& +0o ,a/s late!$ on # Dece.be! "##7$ ISCI sent U!ban Ban= anothe! lette! that !ea,s1 Dea! M!' Bo!lon-an$ I 0oul, li=e to !e?uest fo! an autho!i4ation f!o. U!ban Ban= as pe! attache, i..e,iatel/ ) 2 *&0 *0! !*2 .0 9+02*'o!'!- *&0 +*&o.'*3 o/ *&0 50o5(0 *&0.0 ;&o .0 &0(5'!- +2 *o * ,0 o10. 5o22022'o! o/ *&0 5.o50.*3' 2E.phasis supplie,3%D" It is clea! f!o. the above that ISCI 0as as=in- U!ban Ban= fo! help to co.pl/ 0ith ISCI5s o0n cont!actual obli-ation 0ith the ban= un,e! the te!.s of the sale of the Pasa/ p!ope!t/' U!ban Ban= coul, have i-no!e, the !e?uest$ since it 0as e(clusivel/ the obli-ation of ISCI$ as the selle!$ to ,elive! a clean p!ope!t/ to U!ban Ban= 0ithout an/ help f!o. the latte!' A full*bo,ie, an, confi,ent inte!p!etation of the cont!acts bet0een ISCI an, U!ban Ban= shoul, have le, the latte! to info!. the unautho!i4e, sub*tenants that un,e! its obli-ation as selle! to U!ban Ban=$ it 0as un,e! ,ut/ an, ha, continuin- autho!it/ to !ecove! clean possession of the p!ope!t/$ ,espite the t!ansfe!

of title' Jet$ 0hat unautho!i4e, sub*tenant$ especiall/ in the =in, of ope!ations bein- con,ucte, 0ithin the Pasa/ p!ope!t/$ 0oul, ca!e to listen o! even un,e!stan, such a!-u.entG U!ban Ban= thus chose to coope!ate 0ith ISCI 0ithout !eali4in- the =in, of t!ouble that it 0oul, !eap in the p!ocess' In an appa!ent atte.pt to allo0 the effo!ts of ISCI to secu!e the p!ope!t/ to succee,$ it !eco-ni4e, Pe6a5s !ole in helpin- ISCI$ but stoppe, sho!t of -!antin- hi. autho!it/ to act on its behalf' In !esponse to the t0o 0!itten !e?uests of ISCI$ U!ban Ban= sent this lette! to Pe6a on "; Dece.be! "##71 +his is to a,vise /ou that 0e have note, the en-a-e.ent of /ou! se!vices b/ Isabela Su-a! Co.pan/ to !ecove! possession of the Ro(as Bouleva!, p!ope!t/ fo!.e!l/ cove!e, b/ +C+ No' ;<:%$ effective Nove.be! %#$ "##7' I* '2 +!"0.2*oo" *& * 3o+. 20.1')02 & 10 700! )o!*. )*0" 73 !" 3o+. 5.'!)'5 ( .04 '!2 *o 70 *&0 I2 70( S+- . Co45 !3$ 0hich as selle! of the p!ope!t/ an, un,e! the te!.s of ou! Cont!act to Sell ,ate, Nove.be! %#$ "##7$ has co..itte, to ,elive! the full an, actual possession of the sai, p!ope!t/ to the bu/e!$ U!ban Ban=$ 0ithin the stipulate, pe!io,'
%D%

2E.phasis supplie,3

Up to this point$ it is un.ista=able that U!ban Ban= 0as sta/in- clea! f!o. .a=in- an/ cont!actual co..it.ent to Pe6a an, conve/e, its sense that 0hateve! !esponsibilities a!ose in !etainin- Pe6a 0e!e to be shoul,e!e, b/ ISCI' Acco!,in- to the R+C*Ba-o Cit/$ in the !eve!se, Decision$ Att/' Pe6a onl/ =ne0 of the sale bet0een ISCI an, U!ban Ban= at the ti.e the R+C*Pasa/ Cit/ !ecalle, the +RO an, issue, a b!ea=*open o!,e!1 IQ 0hen info!.ation !eache, the 2Pasa/ Cit/3 9u,-e that the Pasa/ p!ope!t/ ha, al!ea,/ been t!ansfe!!e, b/ ISCI to U!ban Ban=$ the t!ial cou!t !ecalle, the +RO an, issue, a b!ea=*open o!,e! fo! the p!ope!t/' Acco!,in- to Pe6a$ it 0as the fi!st ti.e that he 0as app!ise, of the sale of the lan, b/ ISCI an, of the t!ansfe! of its title in favo! of the ban='M%D< +he!e is so.ethin- cont!a,icto!/ bet0een so.e of the t!ial cou!t5s factual fin,in-s an, Pe6a5s clai. that it 0as onl/ on "# Dece.be! "##7 that he fi!st lea!ne, of the sale of the p!ope!t/ to U!ban Ban=' It is ,ifficult to believe Pe6a on this point consi,e!in-1 2"3 that he 0as a boa!, ,i!ecto! of ISCI an, a sale of this si-nificant an, valuable p!ope!t/ of ISCI !e?ui!es the app!oval of the boa!, of ,i!ecto!s of ISCI8 an, 2%3 that ISCI t0ice !e?ueste, U!ban Ban= fo! autho!it/ to be issue, in his favo! 2&C an, # Dece.be! "##73$ "% an, "& ,a/s befo!e "# Dece.be! "##7$ since it 0oul, be cont!a!/ to hu.an e(pe!ience fo! Pe6a not to have been info!.e, b/ an office! of ISCI befo!ehan, that a !e?uest fo! autho!it/ fo! hi. 0as bein- sent to U!ban Ban='

+he se?uence of fast*.ovin- ,evelop.ents$ e,-e, 0ith a sense of panic$ 0ith !espect to the ,ecision of the R+C*Pasa/ Cit/ to !ecall the te.po!a!/ !est!ainin- o!,e! an, issue a b!ea=*open o!,e! on "# Dece.be! "##7 in the Ki!st In9unction Co.plaint$ is hi-hl/ enli-htenin- to this Cou!t' Ki!st$ Pe6a alle-e,l/ calle, up the p!esi,ent of ISCI$ Montilla$ 0ho$ acco!,in- to Pe6a$ confi!.e, to hi. that the Pasa/ p!ope!t/ ha, in,ee, been sol, to U!ban Ban=' Secon,$ Pe6a alle-e,l/ tol, Montilla that he 2Pe6a3 0oul, be 0ith,!a0in- his -ua!,s f!o. the p!ope!t/ because of the b!ea=*open o!,e! f!o. the R+C*Pasa/ Cit/' +hi!,$ Montilla !e?ueste, Pe6a to suspen, the 0ith,!a0al of the -ua!,s 0hile ISCI -ets in touch 0ith U!ban Ban=' Kou!th$ appa!entl/ in vie0 of Montilla5s effo!ts$ Be9asa$ an office! of U!ban Ban= calle, Pe6a an, acco!,in- to the latte!$ tol, hi. that U!ban Ban= 0oul, continue !etainin- his se!vices an, fo! hi. to please continue 0ith his effo!t to secu!e the p!ope!t/' Kifth$ this state.ent of Be9asa 0as not enou-h fo! Pe6a an, he insiste, that he be enable, to tal= 0ith no less than the P!esi,ent of U!ban Ban=$ Bo!lon-an' At this point$ Be9asa -ave hi. the phone nu.be! of Bo!lon-an' Si(th$ i..e,iatel/ afte! the conve!sation 0ith Be9asa$ Pe6a calls Bo!lon-an an, tells Bo!lon-an that violence .i-ht e!upt in the p!ope!t/ because the Pasa/ Cit/ police.en$ 0ho 0e!e s/.pathetic to the tenants$ 0e!e th!eatenin- to fo!ce thei! 0a/ th!ou-h the p!ope!t/' At this point$ if in,ee, this conve!sation too= place$ 0hich Bo!lon-an contests$ 0hat 0oul, have been the !esponse of Bo!lon-anG An/ p!u,ent p!esi,ent of a ban=$ 0hich has 9ust pu!chase, a PhP%7&$&&&$&&& p!ope!t/ pla-ue, b/ unautho!i4e, an, un!ul/ sub*tenants of the p!evious o0ne!$ 0oul, have sou-ht to continue the possession of ISCI$ th!u Pe6a$ an, he 0oul, have a-!ee, to the !easonable !e?uests of Pe6a' Bo!lon-an coul, also have sai, that the p!oble. of havin- the sub*tenants e9ecte, is co.pletel/ ISCI5s an, ISCI shoul, !esolve the .atte! on its o0n that 0ithout bothe!in- the ban=$ 0ith all its othe! p!oble.s' But the specte! of violence$ especiall/ as ni-ht 0as app!oachin- in a ne0l/*bou-ht p!ope!t/ of U!ban Ban=$ 0as not so.ethin- that an/ publicl/*liste, ban= 0oul, 0ant publici4e,' +o the e(tent that the violence coul, be p!evente, b/ the p!esi,ent of U!ban Ban=$ it is e(pecte, that he 0oul, opt to have it p!evente,'

But coul, such !esponse e.b!ace the follo0in- le-al conse?uences as Pe6a clai.s to have a!isen f!o. the telephone conve!sation 0ith Bo!lon-an1 2"3 A cont!act of a-enc/ 0as c!eate, bet0een Pe6a an, U!ban Ban= 0he!eb/ Bo!lon-an a-!ee, to !etain the se!vices of Pe6a ,i!ectl/8 2%3 +his cont!act of a-enc/ 0as to be e.bo,ie, in a 0!itten lette! of autho!it/ f!o. U!ban Ban=8 an, 2<3 +he a-enc/ fee of Pe6a 0as to be "&A of the .a!=et value as Iatto!ne/5s fees an, co.pensationM an, !ei.bu!se.ent of all e(penses of Pe6a f!o. the ti.e he too= ove! the lan, until possession is tu!ne, ove! to U!ban Ban=' +his Cou!t conclu,es that the le-al conse?uences ,esc!ibe, in state.ents 2"3 an, 2%3 above in,ee, too= place an, that the facts suppo!t the.' >o0eve!$ the evi,ence ,oes not suppo!t Pe6a5s clai. that U!ban Ban= a-!ee, to Iatto!ne/5s fees an, co.pensationM of "&A of the .a!=et value of the p!ope!t/' U!ban Ban=5s lette! ,ate, "# Dece.be! "##7 confi!.e, in no unce!tain te!.s Pe6a5s ,esi-nation as its autho!i4e, !ep!esentative to secu!e an, .aintain possession of the Pasa/ p!ope!t/ a-ainst the tenants' Un,e! the te!.s of the lette!$ petitione!*!espon,ent ban= confi!.e, his en-a-e.ent 2a3 F*o &o(" !" 4 '!* '! 5o22022'o!G of the Pasa/ p!ope!t/8 2b3 I*o 5.o*0)* *&0 2 40 f!o. fo!.e! tenants$ occupants o! an/ othe! pe!son 0ho a!e th!eatenin- to !etu!n to the sai, p!ope!t/ an,Po! inte!fe!e 0ith /ou! possession of the sai, p!ope!t/ fo! an, in ou! behalfM8 an, 2c3 *o .05.020!* *&0 7 !, '! !3 '!2*'*+*0" )o+.* )*'o! inten,e, to p!event an/ int!u,e! f!o. ente!in- o! sta/in- in the p!e.ises' %D7 +hese th!ee e(p!ess ,i!ectives of petitione!*!espon,ent ban=5s lette! a,.its of no othe! const!uction than that a specific an, special autho!it/ 0as -iven to Pe6a to act on behalf of the ban= 0ith !espect to the latte!5s clai.s of o0ne!ship ove! the p!ope!t/ a-ainst the tenants' >avin- stipulate, on the ,ue e(ecution an, -enuineness of the lette! ,u!in- p!et!ial$ %D; the ban= is boun, b/ the te!.s the!eof an, is sub9ect to the necessa!/ conse?uences of Pe6a5s !eliance the!eon' No a.ount of ,enial can ove!co.e the p!esu.ption that 0e -ive this lette! ) that it .eans 0hat it sa/s' In an/ case$ the subse?uent actions of U!ban Ban= !esulte, in the !atification of Pe6a5s autho!it/ as an a-ent actin- on its behalf 0ith !espect to the Pasa/ p!ope!t/' B/ !atification$ even an unautho!i4e, act of an a-ent beco.es an autho!i4e, act of the p!incipal' %DD Both si,es !ea,il/ a,.it that it 0as Pe6a 0ho 0as !esponsible fo! clea!in- the p!ope!t/ of the tenants an, othe! occupants$ an, 0ho tu!ne, ove! possession of the Pasa/ p!ope!t/ to petitione!*!espon,ent ban='%DC @hen the latte! !eceive, full an, actual possession of the p!ope!t/ f!o. hi.$ it ,i, not p!otest o! !efute his autho!it/ as an a-ent to ,o so' Neithe! ,i, U!ban Ban= contest Pe6a5s occupation of the p!e.ises$ o! his installation of secu!it/ -ua!,s at the site$ sta!tin- f!o. the e(pi!/ of the lease until the p!ope!t/ 0as tu!ne, ove! to the ban=$ b/ 0hich ti.e it ha, al!ea,/ been veste, 0ith o0ne!ship the!eof' Ku!the!.o!e$ 0hen Pe6a file, the Secon, In9unction Co.plaint in the R+C*Ma=ati Cit/ un,e! the na.e of

petitione!*!espon,ent ban=$ the latte! ,i, not inte!pose an/ ob9ection o! .ove to ,is.iss the co.plaint on the basis of his lac= of autho!it/ to !ep!esent its inte!est as the o0ne! of the p!ope!t/' @hen he successfull/ ne-otiate, 0ith the tenants !e-a!,in- thei! ,epa!tu!e f!o. its Pasa/ p!ope!t/$ still no p!otest 0as hea!, f!o. it' Afte! possession 0as tu!ne, ove! to the ban=$ the tenants accepte, PhP"$;&&$&&& f!o. Pe6a$ in Ifull an, final settle.entM of thei! clai.s a-ainst U!ban Ban=$ an, not a-ainst ISCI' %D: In all these instances$ petitione!*!espon,ent ban= ,i, not !epu,iate the actions of Pe6a$ even if it 0as full/ a0a!e of his !ep!esentations to thi!, pa!ties on its behalf as o0ne! of the Pasa/ p!ope!t/' Its tacit ac?uiescence to his ,ealin-s 0ith !espect to the Pasa/ p!ope!t/ an, the tenants spo=e of its intent to !atif/ his actions$ as if these 0e!e its o0n' Even assu.in- a!-uen,o that it issue, no 0!itten autho!it/$ an, that the o!al cont!act 0as not substantiall/ establishe,$ the ban= ,ul/ !atifie, his acts as its a-ent b/ its ac?uiescence an, acceptance of the benefits$ na.el/$ the peaceful tu!nove! of possession of the p!ope!t/ f!ee f!o. sub*tenants' Even if$ ho0eve!$ Pe6a 0as constitute, as the a-ent of U!ban Ban=$ it ,oes not necessa!il/ p!eclu,e that a thi!, pa!t/ 0oul, be liable fo! the pa/.ent of the a-enc/ fee of Pe6a' No! ,oes it p!eclu,e the le-al fact that Pe6a 0hile an a-ent of U!ban Ban=$ 0as also an a-ent of ISCI$ an, that his a-enc/ f!o. the latte! neve! te!.inate,' +his is because the autho!it/ -iven to Pe6a b/ both ISCI an, U!ban Ban= 0as co..on ) to secu!e the clean possession of the p!ope!t/ so that it .a/ be tu!ne, ove! to U!ban Ban=' +his is an o!,ina!/ le-al pheno.enon ) that an a-ent 0oul, be an a-ent fo! the pu!pose of pu!suin- a sha!e, -oal so that the co..on ob9ective of a t!ansfe!o! an, a ne0 t!ansfe!ee 0oul, be .et' In,ee,$ the Civil Co,e e(p!essl/ ac=no0le,-e, instances 0hen t0o o! .o!e p!incipals have -!ante, a po0e! of atto!ne/ to an a-ent fo! a )o44o! *. !2 )*'o!'%D# +he a-enc/ !elationship bet0een an a-ent an, t0o p!incipals .a/ even be consi,e!e, e(tin-uishe, if the ob9ect o! the pu!pose of the a-enc/ is acco.plishe,'%C& In this case$ Pe6a5s se!vices as an a-ent of both ISCI an, U!ban Ban= 0e!e en-a-e, fo! one sha!e, pu!pose o! t!ansaction$ 0hich 0as to ,elive! the p!ope!t/ f!ee f!o. unautho!i4e, sub*tenants to the ne0 o0ne! ) a tas= that Pe6a 0as able to achieve an, is entitle, to !eceive pa/.ent fo!' +hat the a-enc/ bet0een ISCI an, Pe6a continue,$ that ISCI is to shoul,e! the a-enc/ fee an, !ei.bu!se.ent fo! costs of Pe6a$ an, that U!ban Ban= neve! a-!ee, to pa/ hi. a "&A a-enc/ fee is establishe, an, suppo!te, b/ the follo0in-1 Ki!st$ the initial a-enc/ !elationship bet0een ISCI an, Pe6a pe!siste,' No p!oof 0as eve! offe!e, that the lette! of %D Nove.be! "##7 of M!' Montilla of ISCI to Pe6a$ fo! the latte! Ito i..e,iatel/ !ecove! an, ta=e possession of the p!ope!t/ upon e(pi!ation of the cont!act of lease on %# Nove.be! "##7R 0as

te!.inate,' It is a(io.atic that the appoint.ent of a ne0 a-ent fo! the sa.e business o! t!ansaction !evo=es the p!evious a-enc/ f!o. the ,a/ on 0hich notice the!eof 0as -iven to the fo!.e! a-ent' %C" If it is t!ue that the a-enc/ !elationship 0as to be bo!ne b/ U!ban Ban= alone$ Pe6a shoul, have ,e.onst!ate, that his p!evious a-enc/ !elationship 0ith ISCI is inco.patible 0ith his ne0 !elationship 0ith U!ban Ban=$ an, 0as thus te!.inate,' Secon,$ instea,$ 0hat is on the !eco!, is that ISCI confi!.e, the continuation of this a-enc/ bet0een Pe6a an, itself an, co..itte, to pa/ fo! the se!vices of Pe6a$ in its lette! to U!ban Ban= ,ate, "# Dece.be! "##7 0hich !ea,s1 In line 0ith ou! 0a!!anties as the Selle! of the sai, p!ope!t/ an, ou! un,e!ta=in- to ,elive! to /ou the full an, actual possession an, cont!ol of sai, p!ope!t/$ f!ee f!o. tenants$ occupants o! s?uatte!s an, f!o. an/ obst!uction o! i.pe,i.ent to the f!ee use an, occupanc/ of the p!ope!t/ b/ U!ban Ban=$ ;0 & 10 0!- -0" *&0 20.1')02 o/ A**3. M -" (0!o M. P0B *o &o(" !" 4 '!* '! 5o22022'o! o/ *&0 5.o50.*3 !" *o 5.010!* *&0 /o.40. *0! !*2 o. o))+5 !*2 /.o4 0!*0.'!- o. .0*+.!'!- *o *&0 5.04'202. In vie0 of the t!ansfe! of the o0ne!ship of the p!ope!t/ to U!ban Ban=$ it .a/ be necessa!/ fo! U!ban Ban= to appoint Att/' Pe6a li=e0ise as its autho!i4e, !ep!esentative fo! pu!poses of hol,in-P.aintainin- continue, possession of the sai, p!ope!t/ an, to !ep!esent U!ban Ban= in an/ cou!t action that .a/ be institute, fo! the above.entione, pu!poses' I* '2 +!"0.2*oo" *& * !3 **o.!03C2 /002, )o2* o/ ('*'- *'o! !" !3 o*&0. )& .-02 o. 0:50!202 *& * 4 3 70 '!)+..0" .0( *'10 *o *&0 0:0.)'20 73 A**3. P0B o/ &'2 7o1040!*'o!0" "+*'02 2& (( 70 /o. *&0 ))o+!* o/ I2 70( S+- . Co45 !3 an, an/ loss o! ,a.a-e that .a/ be incu!!e, to thi!, pa!ties shall be ans0e!able b/ Isabela Su-a! Co.pan/' %C% 2E.phasis supplie,3 +hi!,$ Pe6a has neve! sho0n an/ 0!itten confi!.ation of his "&A a-enc/ fee$ 0hethe! in a note$ lette!$ .e.o!an,u. o! boa!, !esolution of U!ban Ban=' An a-enc/ fee a.ountin- to PhP%7$&&&$&&& is not a t!iflin- a.ount$ an, co!po!ations ,o not -!ant thei! p!esi,ents unilate!al autho!it/ to bin, the co!po!ation to such an a.ount$ especiall/ not a ban=in- co!po!ation 0hich is closel/ supe!vise, b/ the BSP fo! bein- a business se!iousl/ i.bue, 0ith public inte!est' +he!e is nothin- on !eco!, e(cept the self*se!vintesti.on/ of Pe6a that Bo!lon-an a-!ee, to pa/ hi. this a.ount in the cont!ove!te, telephone conve!sation' Kou!th$ 0hile o!,ina!il/$ uncont!a,icte, testi.on/ 0ill be acco!,e, its full 0ei-ht$ 0e cannot -!ant full p!obative value to the testi.on/ of Pe6a fo! the follo0in- !easons1 2a3 Pe6a is not a c!e,ible 0itness fo! testif/in- that he onl/ lea!ne, of the sale of the p!ope!t/ of "# Dece.be! "##7 0hen the acts of ISCI$ of U!ban Ban= an, his o0n up to that point all in,icate, that he .ust have =no0n about the sale to U!ban

Ban=8 an, 2b3 it is inc!e,ible that U!ban Ban= 0ill a-!ee to a,, anothe! PhP%7$&&&$&&& to the cost of the p!ope!t/ b/ a-!eein- to the a-enc/ fee ,e.an,e, b/ Pe6a' No p!u,ent an, !easonable pe!son 0oul, a-!ee to e(pose his co!po!ation to a ne0 liabilit/ of PhP%7$&&&$&&& even if$ in this case$ a !efusal 0oul, lea, to the Pasa/ Cit/ police.en an, unautho!i4e, sub*tenants ente!in- the -ua!,e, p!ope!t/ an, 0oul, possibl/ e!upt in violence' Pe6a5s account of an o!al a-!ee.ent 0ith U!ban Ban= fo! the pa/.ent of PhP%7$&&&$&&& is 9ust too .uch fo! an/ cou!t to believe' @hateve! .a/ be the a-!ee.ent bet0een Pe6a an, ISCI fo! co.pensation is not befo!e this Cou!t' +his is not to sa/$ ho0eve!$ that U!ban Ban= has no liabilit/ to Pe6a' It has' Pa/.ent to hi. is !e?ui!e, because the Civil Co,e ,e.an,s that no one shoul, be un9ustl/ en!iche, at the e(pense of anothe!' +his pa/.ent is to be .easu!e, b/ the stan,a!,s of ?uantu. .e!uit' Amount of Compensation A-enc/ is p!esu.e, to be fo! co.pensation' But because in this case 0e fin, no evi,ence that U!ban Ban= a-!ee, to pa/ Pe6a a specific a.ount o! pe!centa-e of a.ount fo! his se!vices$ 0e tu!n to the p!inciple a-ainst un9ust en!ich.ent an, on the basis of ?uantu. .e!uit' Since the!e 0as no 0!itten a-!ee.ent 0ith !espect to the co.pensation ,ue an, o0e, to Att/' Pe6a un,e! the lette! ,ate, "# Dece.be! "##7$ the Cou!t 0ill !eso!t to ,ete!.inin- the a.ount base, on the 0ell*establishe, !ules on ?uantu. .e!uit' A-enc/ is p!esu.e, to be fo! co.pensation'%C< Unless the cont!a!/ intent is sho0n$ a pe!son 0ho acts as an a-ent ,oes so 0ith the e(pectation of pa/.ent acco!,in- to the a-!ee.ent an, to the se!vices !en,e!e, o! !esults effecte,'%C7 @e fin, that the a-enc/ of Pe6a co.p!ise, of se!vices o!,ina!il/ pe!fo!.e, b/ a la0/e! 0ho is tas=e, 0ith the 9ob of ensu!in- clean possession b/ the o0ne! of a p!ope!t/' @e thus .easu!e 0hat he is entitle, to fo! the le-al se!vices !en,e!e,' A stipulation on a la0/e!5s co.pensation in a 0!itten cont!act fo! p!ofessional se!vices o!,ina!il/ cont!ols the a.ount of fees that the cont!actin- la0/e! .a/ be allo0e, to collect$ unless the cou!t fin,s the a.ount to be unconscionable'%C; In the absence of a 0!itten cont!act fo! p!ofessional se!vices$ the atto!ne/5s fees a!e fi(e, on the basis of %u&ntum meruit$%CD i.e.$ the !easonable 0o!th of the atto!ne/5s se!vices'%CC @hen an a-ent pe!fo!.s se!vices fo! a p!incipal at the latte!5s !e?uest$ the la0 0ill no!.all/ i.pl/ a p!o.ise on the pa!t of the p!incipal to pa/ fo! the !easonable 0o!th of those se!vices' %C: +he intent of a p!incipal to co.pensate the a-ent fo! se!vices pe!fo!.e, on behalf of the fo!.e! 0ill be infe!!e, f!o. the p!incipal5s !e?uest fo! the a-ents'%C#

In this instance$ no e(t!a*o!,ina!/ s=ills e.plo/in- a,vance, le-al t!ainin- no! sophisticate, le-al .aneuve!in- 0e!e !e?ui!e, to be e.plo/e, in e9ectin- %< sub*tenants 0ho have no lease cont!act 0ith the p!ope!t/ o0ne!$ an, 0hose onl/ autho!it/ to ente! the p!e.ises 0as unla0full/ -iven b/ a fo!.e! tenant 0hose o0n tenanc/ has clea!l/ e(pi!e,' +he %< sub*tenants ope!ate, bee! houses an, ni-htclubs$ o!,ina!/ !etail establish.ents fo! 0hich no sophisticate, st!uctu!e p!evente, eas/ ent!/' Afte! Pe6a succee,e, in loc=in- the -ate of the co.poun,$ the sub*tenants 0oul, open the pa,loc= an, !esu.e thei! businesses at ni-ht' In,ee,$ it appea!s that onl/ secu!it/ -ua!,s$ chains an, pa,loc=s 0e!e nee,e, to =eep the. out' It 0as onl/ the alle-e, connivance of Pasa/ Cit/ police.en that Pe6a5s abilit/ to !etain the possession 0as !en,e!e, insecu!e' An, ho0 .uch ,i, it ta=e Pe6a to ente! into a settle.ent a-!ee.ent 0ith the. an, .a=e all these p!oble.s -o a0a/G B/ Pe6a5s o0n account$ PhP"$;&&$&&& onl/' +hat .eans that each tenant !eceive, an ave!a-e of PhPD;$%"C'7& onl/' Su!el/$ the le-al se!vices of Pe6a cannot be .uch .o!e than 0hat the sub*tenants 0e!e 0illin- to settle fo! in the fi!st place' @e the!efo!e a0a!, hi. the e?uivalent a.ount of PhP"$;&&$&&& fo! the le-al an, othe! !elate, se!vices he !en,e!e, to e9ect the ille-all/ sta/in- tenants of U!ban Ban=5s p!ope!t/' +he Cou!t of Appeals co!!ectl/ !eve!se, the t!ial cou!t an, foun, it to have acte, 0ith -!ave abuse of ,isc!etion in -!antin- astoun,in- .oneta!/ a0a!,s a.ountin- to a total of PhP%:$;&&$&&& 0ithout an/ basis'%:& Ko! the lo0e! cou!t to have latche, on to the self*se!vin- clai.s of a telephone a-!ee.ent as sufficient suppo!t fo! e(ten,in- a .ulti*.illion peso a0a!, is hi-hl/ i!!e-ula!' Absent an/ clea! basis fo! the a.ount of the la0/e!5s co.pensation$ the t!ial cou!t shoul, have instinctivel/ !eso!te, to ?uantu. .e!uit$ instea, of insistin- on a fi-u!e 0ith ci!cu.stantial an, spu!ious 9ustification' @e cannot also a-!ee 0ith the Decision penne, b/ Hu,-e E,-a!,o F' Catilo cha!acte!i4in- Pena5s "&A fee as believable because it is nea!l/ con-!uent to the PhP%; Million !etention .one/ hel, in esc!o0 fo! ISCI until a clean ph/sical an, le-al tu!n*ove! of the p!ope!t/ is effecte,1 @e no0 co.e to the !easonableness of the co.pensation p!a/e, fo! b/ the plaintiff 0hich is "&A of the cu!!ent .a!=et value 0hich ,efen,ants clai. to be p!eposte!ous an, -la!in-l/ e(cessive' Plaintiff NPe6aO testifie, that ,efen,ant Bo!lon-an a-!ee, to such an a.ount an, this has not been ,enie, b/ +e, Bo!lon-an' +he te!. Icu!!ent .a!=et value of the p!ope!t/M is he!eb/ inte!p!ete, b/ the cou!t to .ean the cu!!ent .a!=et value of the p!ope!t/ at the ti.e the cont!act 0as ente!e, into' +o inte!p!et it in acco!,ance 0ith the sub.ission of the plaintiff that it is the cu!!ent .a!=et value of the p!ope!t/ at the ti.e pa/.ent is .a,e 0oul, be p!eposte!ous' +he onl/ evi,ence on !eco!, 0he!e the cou!t can ,ete!.ine the .a!=et value of the p!ope!t/ at the ti.e the cont!act of a-enc/ 0as ente!e, into bet0een plaintiff an, ,efen,ant is the consi,e!ation state, in the sales a-!ee.ent bet0een Isabela Su-a!

Co.pan/$ Inc' an, U!ban ban= 0hich is P%7"$D"%$&&&'&&' +en pe!cent of this a.ount is a !easonable co.pensation of the se!vices !en,e!e, b/ the plaintiff consi,e!in- the Ino cu!e$ no pa/M a!!an-e.ent bet0een the pa!ties an, the !is=s 0hich plaintiff ha, to un,e!ta=e' %:" In the fi!st place$ the Decision of Hu,-e Catilo .a=es Pe6a5s ,e.an, of an a-enc/ fee of PhP%7 Million$ an a,,itional bu!,en on U!ban Ban=' +he Decision ,oes not .a=e the !etention .one/ !esponsible fo! the sa.e$ o! ac?uit U!ban Ban= of an/ liabilit/ to ISCI if it pa/s the PhP%7 Million ,i!ectl/ to Pena instea, of ISCI' In the secon, place$ the a.ount of .one/ that is !etaine, b/ t!ansfe!ees of p!ope!t/ t!ansactions 0hile the t!ansfe!o! is un,e!ta=in- acts to ensu!e a clean an, peaceful t!ansfe! to the t!ansfe!ee ,oes not no!.all/ app!o(i.ate a one*to*one !elationship to the se!vices of e9ectin- un0ante, occupants' +he/ .a/ be inclusive of othe! costs$ an, not onl/ le-al costs$ 0ith enou-h allo0ances fo! contin-encies$ an, .a/ ta=e into consi,e!ation othe! liabilities as 0ell' +he a.ount can even be enti!el/ a!bit!a!/$ an, .a/ have been cause, b/ the p!actice follo0e, b/ U!ban Ban= as a,vise, b/ its office!s an, la0/e!s o! b/ in,ust!/ p!actice in cases 0he!e an e(pensive p!ope!t/ has so.e tenanc/ p!oble.s' In othe! 0o!,s$ Hu,-e Catilo5s state.ent is a non se?uitu!$ is cont!a!/ to no!.al hu.an e(pe!ience$ an, soun,s li=e an a!-u.ent bein- .a,e to fit Pe6a5s ,e.an, fo! a shoc=in- pa/*out' In an/ case$ "&A of the pu!chase p!ice of the Pasa/ p!ope!t/ ) a sta--e!in- PhP%7$"D"$%&& ) is an +!)o!2)'o! 7(0 4o+!*$ 0hich 0e fin, !eason to !e,uce' Neithe! 0ill the Cou!t acce,e to the

settle.ent offe! of Pe6a to U!ban Ban= of at least PhP<:$&&&$&&& fo! alle-e, le-al e(penses incu!!e, ,u!in- the cou!se of the p!ocee,in-s$ %:% an a.ount that he has not substantiate, at an/ ti.e' Fa0/e!in- is not a business8 it is a p!ofession in 0hich ,ut/ to public se!vice$ not .one/$ is the p!i.a!/ consi,e!ation'%:< +he p!inciple of ?uantu. .e!uit applies if la0/e!s a!e e.plo/e, ;'*&o+* 5.')0 -.00"

+5o! /o. *&0'. 20.1')02, in 0hich case the/ 0oul, be entitle, to !eceive 0hat the/ .e!it fo! thei! se!vices$ o! as .uch as the/ have ea!ne,'%:7 In fi(in- a !easonable co.pensation fo! the se!vices !en,e!e, b/ a la0/e! on the basis of ?uantu. .e!uit$ one .a/ consi,e! facto!s such as the ti.e spent an, e(tent of se!vices !en,e!e,8 novelt/ an, ,ifficult/ of the ?uestions involve,8 i.po!tance of the sub9ect .atte!8 s=ill ,e.an,e,8 p!obabilit/ of losin- othe! e.plo/.ent as a !esult of acceptance of the p!offe!e, case8 custo.a!/ cha!-es fo! si.ila! se!vices8 a.ount involve, in the cont!ove!s/ an, the !esultinbenefits fo! the client8 ce!taint/ of co.pensation8 cha!acte! of e.plo/.ent8 an, p!ofessional stan,in- of the la0/e!'%:; >ence$ the Cou!t affi!.s the appellate cou!t5s a0a!, of PhP<$&&&$&&& to Pe6a$ fo! e(penses incu!!e, co!!espon,in- to the pe!fo!.ance of his se!vices' An a,,itional a0a!, of PhP"$;&&$&&& is -!ante, to hi. fo! the se!vices he pe!fo!.e, as a la0/e! in secu!in- the !i-hts of U!ban Ban= as o0ne! of the Pasa/ p!ope!t/'

II T&0 )o.5o. *0 o//')0.2 !" "'.0)*o.2 o/ U.7 ! B !, .0 !o* 2o('" .'(3 o. 50.2o! ((3 (' 7(0 ;'*& *&0'. 5.o50.*'02 /o. *&0 )o.5o. *0 (' 7'('*3 o/ U.7 ! B !, *o A**3. P0B . +he obli-ation to pa/ Pe6a5s co.pensation$ ho0eve!$ falls solel/ on U!ban Ban=' Absent an/ p!oof that in,ivi,ual petitione!s as ban= office!s acte, in ba, faith o! 0ith -!oss ne-li-ence o! assente, to a patentl/ unla0ful act$ the/ cannot be hel, soli,a!il/ liable to-ethe! 0ith the co!po!ation fo! se!vices pe!fo!.e, b/ the latte!5s a-ent to secu!e possession of the Pasa/ p!ope!t/' +hus$ the t!ial cou!t ha, in,ee, co..itte, -!ave abuse of ,isc!etion 0hen it issue, a !ulin- a-ainst the ei-ht in,ivi,ual ,efen,ant ban= ,i!ecto!s an, office!s an, its Decision shoul, be absolutel/ !eve!se, an, set asi,e' A co!po!ation$ as a 9u!i,ical entit/$ .a/ act onl/ th!ou-h its ,i!ecto!s$ office!s an,

e.plo/ees'%:D Obli-ations incu!!e, as a !esult of the acts of the ,i!ecto!s an, office!s as co!po!ate a-ents a!e not thei! pe!sonal liabilities but those of the co!po!ation the/ !ep!esent' %:C +o hol, a ,i!ecto! o! an office! pe!sonall/ liable fo! co!po!ate obli-ations$ t0o !e?uisites .ust concu!1 2"3 the co.plainant .ust alle-e in the co.plaint that the ,i!ecto! o! office! assente, to patentl/ unla0ful acts of the co!po!ation$ o! that the office! 0as -uilt/ of -!oss ne-li-ence o! ba, faith8 an, 2%3 the co.plainant .ust clea!l/ an, convincin-l/ p!ove such unla0ful acts$ ne-li-ence o! ba, faith' %:: M+o hol, a ,i!ecto!$ a t!ustee o! an office! pe!sonall/ liable fo! the ,ebts of the co!po!ation an,$ thus$ pie!ce the veil of co!po!ate fiction$ ba, faith o! -!oss ne-li-ence b/ the ,i!ecto!$ t!ustee o! office! in ,i!ectin- the co!po!ate affai!s .ust be establishe, clea!l/ an, convincin-l/'M%:# Pe6a faile, to alle-e an, convincin-l/ sho0 that in,ivi,ual ,efen,ant ban= ,i!ecto!s an, office!s assente, to patentl/ unla0ful acts of the ban=$ o! that the/ 0e!e -uilt/ of -!oss ne-li-ence o! ba, faith' Cont!a!/ to his clai.$ the Co.plaint%#& in the lo0e! cou!t neve! alle-e, that in,ivi,ual ,efen,ants ac?uiesce, to an unla0ful act o! 0e!e -!ossl/ ne-li-ent o! acte, in ba, faith' %#" Neithe! is the!e an/ specific alle-ation of -!oss ne-li-ence o! action in ba, faith that is att!ibutable to the in,ivi,ual ,efen,ants in pe!fo!.ance of thei! official ,uties' In an/ event$ Pe6a ,i, not a,,uce an/ p!oof that the ei-ht in,ivi,ual ,efen,ants pe!fo!.e, unla0ful acts o! 0e!e -!ossl/ ne-li-ent o! in ba, faith' Asi,e f!o. the -ene!al alle-ation that the/ 0e!e co!po!ate office!s o! .e.be!s of the boa!, of ,i!ecto!s of U!ban Ban=$ !o 250)'/') )*2 ;0.0 ((0-0" !" 5.o10" *o ; .. !* /'!"'!- o/ 2o('" .3 (' 7'('*3 ' At .ost$ petitione!s Bo!lon-an$ Be9asa an, Manuel 0e!e

i,entifie, as those 0ho ha, p!ocesse, the a-enc/ a-!ee.ent 0ith Pe6a th!ou-h thei! telephone conve!sations 0ith hi. an,Po! 0!itten autho!i4ation lette!' Asi,e f!o. Bo!lon-an$ Be9asa an, Manuel$ Att/' Pe6a in the co.plaint pointe, to no specific act o! ci!cu.stance to 9ustif/ the inclusion of Delfin C' Eon4ale4$ H!'$ Ben9a.in F' ,e Feon$ P' Sie!vo >' Di4on$

E!ic F' Fee$ an, Ben +' Fi.$ H!'$ e(cept fo! the fact that the/ 0e!e .e.be!s of the Boa!, of Di!ecto!s of U!ban Ban= at that ti.e' +hat the five othe! .e.be!s of the Boa!, of Di!ecto!s 0e!e e(clu,e, f!o. Pe6a5s co.plaint hi-hli-hts the peculia!it/ of thei! inclusion' @hat is .o!e$ the co.plaint .ista=enl/ inclu,e, B0! 6. L'4, J.'$ 0ho ha, not even been a .e.be! of the Boa!, of Di!ecto!s of U!ban Ban=' In an/ case$ his fathe! an, na.esa=e$ Ben +' Fi.$ S!'$ 0ho ha, been a ,i!ecto! of the ban= at that ti.e$ ha, al!ea,/ passe, a0a/ in "##C' In !ulin- fo! the soli,a!/ liabilit/ of the othe! ban= ,i!ecto!s$ the ,ecision of the t!ial cou!t hin-e, solel/ on the pu!po!te, a,.ission of A!tu!o Manuel$ H!'$ that the t!ansactions 0ith Att/' Pe6a 0e!e app!ove, b/ the Boa!, of Di!ecto!s1 In this case$ plaintiff testifie, as to the pe!sonal pa!ticipation of ,efen,ants +e, Bo!lon-an an, Co!a4on Be9asa in the sub9ect t!ansaction' On the othe! han,$ 0ith !espect to the othe! ,efen,ants$ it 0as the ,efen,ants the.selves$ th!ou-h 0itness A!tu!o Manuel$ H!'$ ;&o "4'**0" *& * (( *&0 *. !2 )*'o!2

'!1o(10" '! *&'2 ) 20 ;0.0 55.o10" 73 *&0 7o ." o/ "'.0)*o.2 ' +hus$ the cou!t has sufficient basis to hol, the ,i!ecto!s 9ointl/ an, seve!all/ liable 0ith ,efen,ant U!ban Ban=$ Inc' %#% 2E.phasis supplie,3 +he Decision of the R+C*Ba-o Cit/ .ust be utte!l/ !e9ecte, on this point because its conclusion of an/ cause of action$ .uch less actual le-al liabilit/ on the pa!t of U!ban Ban=5s co!po!ate office!s an, ,i!ecto!s a!e sho!n of an/ factual fin,in-' +hat the/ assente, to the t!ansactions of the ban= 0ith !espect to Att/' Pe6a5s se!vices 0ithout an/ sho0in- that these co!po!ate actions 0e!e patentl/ unla0ful o! that the office!s 0e!e -uilt/ of -!oss ne-li-ence o! ba, faith is insufficient to hol, the. soli,a!il/ liable 0ith U!ban Ban=' It see.s absu!, that the t!ial cou!t 0ill hol, the i.plea,e, selecte, .e.be!s of the Boa!, of Di!ecto!s onl/$ but not the othe!s 0ho also pu!po!te,l/ app!ove, the t!ansactions' Neithe! is the !eason behin, the fin,in- of Isoli,a!inessM 0ith U!ban Ban= in such liabilit/ e(plaine, at all' It is voi, fo! co.pletel/ bein- ,evoi, of facts an, the la0 on 0hich the fin,in- of liabilit/ is base,' +he Cou!t of Appeals co!!ectl/ !e9ecte, the clai. of pe!sonal liabilit/ a-ainst the in,ivi,ual petitione!s 0hen it hel, as follo0s1 +he plaintiff*appellee5s co.plaint befo!e the cou!t a ?uo ,oes not point to an/ pa!ticula! act of eithe! one o! all of the ,efen,ants*appellants that 0ill sub9ect the. to pe!sonal liabilit/' >is co.plaint .e!el/ asse!ts that ,efen,ant Bo!lon-an an, Att/' Be9asa acte, fo! an, in behalf of U!ban Ban= in secu!in- his se!vices in p!otectin- the ban=5s ne0l/ ac?ui!e, p!ope!t/' >ence$ @e cannot allo0 the sa.e' %#< Pe6a ha, a!-ue, that in,ivi,ual ,efen,ant ban= ,i!ecto!s an, office!s shoul, be hel, pe!sonall/ an, soli,a!il/ liable 0ith petitione!*!espon,ent ban=$ since the/ faile, to a!-ue fo! li.ite, co!po!ate

liabilit/'%#7 +he t!ial cou!t subsc!ibe, to his !easonin- an, hel, that the failu!e to !eso!t to the sai, ,efense constitute, a 0aive! on the pa!t of in,ivi,ual ,efen,ants' %#; +he Cou!t is not pe!sua,e,' As the co.plainant on the t!ial cou!t level$ Pe6a ca!!ie, the bu!,en of p!ovin- that the ei-ht in,ivi,ual ,efen,ants pe!fo!.e, specific acts that 0oul, .a=e the. pe!sonall/ liable fo! the obli-ations of the co!po!ation' +his he faile, to ,o' >e cannot capitali4e on thei! alle-e, failu!e to offe! a ,efense$ 0hen he ha, not ,ischa!-e, his !esponsibilit/ of establishin- thei! pe!sonal liabilities in the fi!st place' +his Cou!t cannot sustain the in,ivi,ual liabilities of the ban= office!s 0hen Pe6a$ at the onset$ has not pe!suasivel/ ,e.onst!ate, thei! assent to patentl/ unla0ful acts of the ban=$ o! that the/ 0e!e -uilt/ of -!oss ne-li-ence o! ba, faith$ !e-a!,less of the 0ea=nesses of the ,efenses !aise,' +his is too basic a !e?ui!e.ent that this Cou!t .ust ,e.an, sufficient p!oof befo!e 0e can ,is!e-a!, the sepa!ate le-al pe!sonalit/ of the co!po!ation f!o. its offices' >ence$ onl/ U!ban Ban=$ not in,ivi,ual ,efen,ants$ is liable to pa/ Pe6a5s co.pensation fo! se!vices he !en,e!e, in secu!in- possession of the Pasa/ p!ope!t/' Its liabilit/ in this case is$ ho0eve!$ 0ithout p!e9u,ice to its possible clai. a-ainst ISCI fo! !ei.bu!se.ent un,e! thei! sepa!ate a-!ee.ents' III Co!2'"0.'!- *&0 72o(+*0 !+(('/') *'o! o/ *&0 *.' ( )o+.*C2 D0)'2'o!, *&0 5.o)00"'!-2 .'2'!- /.o4 *&0 0:0)+*'o! 50!"'!- 550 ( 7 20" o! *&0 2 '" D0)'2'o! '2 (',0;'20 )o45(0*0(3 1 ) *0". Since the t!ial cou!t5s .ain Decision a0a!,in- PhP%:$;&&$&&& in favo! of Pe6a has been nullifie, above$ the e(ecution pen,in- appeal atten,ant the!eto$ as a !esult$ no lon-e! has an/ le- to stan, on an, is thus co.pletel/ vacate,' +o !ecall$ p!io! to the filin- of U!ban Ban= of its notice of appeal in the .ain case$ %#D Pe6a .ove, on &C Hune "### fo! e(ecution pen,in- appeal %#C of the Decision$%#: 0hich ha, a0a!,e, hi. a total of PhP%:$;&&$&&& in co.pensation an, ,a.a-es'%## In suppo!tinhis p!a/e! fo! ,isc!etiona!/

e(ecution$ P0B )'*0" !o o*&0. .0 2o! *& ! *&0 50!"'!- 205 . *0 )'1'( - '!2* &'4 73

)*'o! /o. )o((0)*'o! /'(0"

).0"'*o.$ 0ho 0as ,e.an,in- pa/.ent of a PhP<$&&&$&&& loan' <&& Acco!,in- to hi.$ he

ha, use, the p!ocee,s of the loan fo! secu!in- the ban=5s Pasa/ p!ope!t/' <&" In opposition to the .otion$ U!ban Ban= counte!e, that the collection case 0as not a sufficient !eason fo! allo0in- e(ecution pen,inappeal'<&% Kavo!abl/ actin- on Pe6a5s .otion$ the R+C*Ba-o Cit/$ th!ou-h Hu,-e >en!/ H' +!ocino$ <&< issue, a Special O!,e! autho!i4in- e(ecution pen,in- appeal on the basis of Pe6a5s in,ebte,ness to his c!e,ito!* f!ien,'<&7 In acco!,ance 0ith this Special O!,e!$ Att/' Hosephine Mutia*>a-a,$ the cle!= of cou!t an, e(

officio she!iff$ e(pe,itiousl/ issue, a @!it of E(ecution on the sa.e ,a/' <&; +he t!ial cou!t5s Special O!,e! an, @!it of E(ecution 0e!e the sub9ects of a Rule D; Petition file, b/ U!ban Ban= 0ith the CA' <&D Both the Special O!,e! an, @!it of E(ecution a!e nullifie, fo! t0o !easons1 2"3 Since the Decision of the R+C*Ba-o Cit/ is co.pletel/ vacate,$ all its issuances pu!suant to the Decision$ inclu,in- the Special O!,e! an, the @!it of E(ecution a!e li=e0ise vacate,8 an, 2%3 +he Special O!,e! autho!i4in- e(ecution pen,in- appeal base, on the collection suit file, a-ainst Att/' Pe6a ha, no basis un,e! the Rules of Cou!t$ an, the sa.e infi!.it/ thus afflicts the @!it of E(ecution issue, pu!suant the!eto' Since the 'ecision o( the R)C*+&go Cit, is -&c&ted, &.. orders &nd /rits pursu&nt thereto &re .i0e/ise -&c&ted. Consi,e!in- that the Special O!,e! an, @!it of E(ecution 0as a !esult of the t!ial cou!t5s ea!lie! a0a!, of PhP%:$;&&$&&&$ the nullification o! co.plete !eve!sal of the sai, a0a!, necessa!il/ t!anslates to the vacation as 0ell of the p!ocesses a!isin- the!ef!o.$ inclu,in- all the p!ocee,in-s fo! the e(ecution pen,in- appeal' Consi,e!in- the unconscionable a0a!, -iven b/ the t!ial cou!t an, the un9ustifie, i.position of soli,a!/ liabilit/ a-ainst the ei-ht ban= office!s$ the Cou!t is vacatin- the Decision of the R+C*Ba-o Cit/ Decision' +he t!ial cou!t e!!oneousl/ .a,e soli,a!il/ liable U!ban Ban=5s ,i!ecto!s an, office!s 0ithout even an/ alle-ations$ .uch less p!oof$ of an/ acts of ba, faith$ ne-li-ence o! .alice in the pe!fo!.ance of thei! ,uties' In a,,ition$ the t!ial cou!t .ista=enl/ ancho!e, its astoun,in- a0a!, of ,a.a-es a.ountinPhP%:$;&&$&&& on the basis of the .e!e account of Att/' Pe6a of a telephone conve!sation$ 0ithout even consi,e!in- the su!!oun,in- ci!cu.stances an, the shee! ,isp!opo!tion to the le-al se!vices !en,e!e, to the ban=' A voi, 9u,-.ent neve! ac?ui!es finalit/' <&C In conte.plation of la0$ that voi, ,ecision is ,ee.e, non* e(istent'<&:Luo, nullu. est$ nullu. p!o,ucit effectu.' <&# >ence$ the vali,it/ of the e(ecution pen,inappeal 0ill ulti.atel/ hin-e on the cou!t5s fin,in-s 0ith !espect to the ,ecision in 0hich the e(ecution is base,' Althou-h ,isc!etiona!/ e(ecution can p!ocee, in,epen,entl/ 0hile the appeal on the .e!its is pen,in-$ the outco.e of the .ain case 0ill -!eatl/ i.pact the e(ecution pen,in- appeal$ especiall/ in instances 0he!e as in this case$ the!e is a co.plete !eve!sal of the t!ial cou!t5s ,ecision' +hus$ if the ,ecision on the .e!its is co.pletel/ nullifie,$ then the conco.itant e(ecution pen,in- appeal is li=e0ise 0ithout an/

effect' In fact$ the Rules of Cou!t e(p!essl/ p!ovi,e fo! the possibilit/ of !eve!sal$ co.plete o! pa!tial$ of a final 9u,-.ent 0hich has been e(ecute, on appeal' <"& P!ecisel/$ the e(ecution pen,in- appeal ,oes not ba! the continuance of the appeal on the .e!its$ fo! the Rules of Cou!t e(plicitl/ p!ovi,e fo! !estitution acco!,in- to e?uit/ an, 9ustice in case the e(ecute, 9u,-.ent is !eve!se, on appeal' <"" Consi,e!in- that the Decision of the R+C*Ba-o Cit/ has been co.pletel/ vacate, an, ,ecla!e, null an, voi,$ it p!o,uces no effect 0hatsoeve!' +hus$ the Special O!,e! an, its conco.itant @!it of E(ecution pen,in- appeal is li=e0ise annulle, an, is also 0ithout effect' Conse?uentl/$ all levies$ -a!nish.ent an, sales e(ecute, pen,in- appeal a!e ,ecla!e, null an, voi,$ 0ith the conco.itant ,ut/ of !estitution un,e! the Rules of Cou!t$ as 0ill be ,iscusse, late! on' In an/ case$ the t!ial cou!t5s -!ant of e(ecution pen,in- appeal lac=s sufficient basis un,e! the la0 an, 9u!isp!u,ence' @e !ule that the pen,enc/ of a collection suit b/ a thi!, pa!t/ c!e,ito! 0hich c!e,it 0as obtaine, b/ the 0innin- 9u,-.ent c!e,ito! in anothe! case$ is not a sufficientl/ -oo, !eason to allo0 e(ecution pen,inappeal as the Rules of Cou!t p!ovi,e' E(ecution pen,in- appeal is an e(t!ao!,ina!/ !e.e,/ allo0e, onl/ 0hen the!e a!e !easons to believe that the 9u,-.ent ,ebto! 0ill not be able to satisf/ the 9u,-.ent ,ebt if the appeals p!ocess 0ill still have to be a0aite,' It !e?ui!es p!oof of ci!cu.stances such as insolvenc/ o! atte.pts to escape$ abscon, o! eva,e a 9ust ,ebt' In Klo!en,o v' Pa!a.ount Insu!ance$ Co!p'$<"% the Cou!t e(plaine, that the e(ecution pen,in- appeal is an e(ception to the -ene!al !ule that e(ecution issues as a .atte! of !i-ht$ 0hen a 9u,-.ent has beco.e final an, e(ecuto!/1 As such e(ception$ the cou!t5s ,isc!etion in allo0in- it .ust be 2*.')*(3 )o!2*.+0" an, fi!.l/ -!oun,e, on the e(istence of -oo, !easons' FGoo" .0 2o!2,G '* & 2 700! &0(", )o!2'2* o/ )o450(('!)'.)+42* !)02 *& * 8+2*'/3 '440"' *0 0:0)+*'o! (02* *&0 8+"-40!* 70)o402 '((+2o.3. +he ci!cu.stances .ust be supe!io!$ out0ei-hin- the in9u!/ o! ,a.a-es that .i-ht !esult shoul, the losinpa!t/ secu!e a !eve!sal of the 9u,-.ent' Fesse! !easons 0oul, .a=e of e(ecution pen,in- appeal$ instea, of an inst!u.ent of solicitu,e an, 9ustice$ a tool of opp!ession an, ine?uit/' 2E.phasis supplie,3 In,ee,$ the p!esence o! the absence of -oo, !easons !e.ains the /a!,stic= in allo0in- the !e.e,/ of e(ecution pen,in- appeal$ 0hich shoul, consist of e(ceptional ci!cu.stances of such u!-enc/ as to out0ei-h the in9u!/ o! ,a.a-e that the losin- pa!t/ .a/ suffe!$ shoul, the appeale, 9u,-.ent be !eve!se, late!'<"< +hus$ the Cou!t hel, that even the financial ,ist!ess of the p!evailin- co.pan/ is not sufficient !eason to call fo! e(ecution pen,in- appeal1

In a,,!essin- this issue$ the Cou!t .ust st!ess that the e(ecution of a 9u,-.ent befo!e its finalit/ .ust be foun,e, upon -oo, !easons' +he /a!,stic= !e.ains the p!esence o! the absence of -oo, !easons consistin- of e(ceptional ci!cu.stances of such u!-enc/ as to out0ei-h the in9u!/ o! ,a.a-e that the losin- pa!t/ .a/ suffe!$ shoul, the appeale, 9u,-.ent be !eve!se, late!' Eoo, !eason i.po!ts a supe!io! ci!cu.stance that 0ill out0ei-h in9u!/ o! ,a.a-e to the a,ve!se pa!t/' In the case at ba!$ petitione! faile, to sho0 Ipa!a.ount an, co.pellin- !easons of u!-enc/ an, 9ustice'M Petitione! cites as -oo, !eason .e!el/ the fact that Iit is a s.all*ti.e buil,in- cont!acto! that coul, ill*affo!, the p!ot!acte, ,ela/ in the !ei.bu!se.ent of the a,vances it .a,e fo! the afo!esai, inc!ease, costs of ' ' ' const!uction of the N!espon,entSsO buil,in-s'M P0*'*'o!0.C2 ((0-0"(3 5.0) .'o+2 /'! !)' ( )o!"'*'o!, &o;010., '2 !o* 73 '*20(/ 8+.'25.+"0!*' ((3

)o450(('!- )'.)+42* !)0 ; .. !*'!- '440"' *0 0:0)+*'o!' +he financial ,ist!ess of a 9u!i,ical entit/ is not co.pa!able to a case involvin- a natu!al pe!son T such as a ve!/ ol, an, sic=l/ one 0ithout an/ .eans of livelihoo,$ an hei! see=in- an o!,e! fo! suppo!t an, .onthl/ allo0ance fo! subsistence$ o! one 0ho ,ies' In,ee,$ the alle-e, financial ,ist!ess of a co!po!ation ,oes not out0ei-h the lon- stan,in- -ene!al polic/ of enfo!cin- onl/ final an, e(ecuto!/ 9u,-.ents' Ce!tainl/$ a 9u!i,ical entit/ li=e petitione! co!po!ation has$ othe! than e(t!ao!,ina!/ e(ecution$ alte!native !e.e,ies li=e loans$ a,vances$ inte!nal cash -ene!ation an, the li=e to a,,!ess its p!eca!ious financial con,ition' 2E.phasis supplie,3 In Philippine Ban= of Co..unications v' Cou!t of Appeals$ <"7 the Cou!t ,enie, e(ecution pen,in- appeal to a 9u!i,ical entit/ 0hich alle-e,l/ 0as in financial ,ist!ess an, 0as facin- civil an, c!i.inal suits 0ith !espect to the collection of a su. of .one/' It !ule, that the financial ,ist!ess of the p!evailin- pa!t/ in a final 9u,-.ent 0hich 0as still pen,in- appeal .a/ not be li=ene, to the situation of a natu!al pe!son 0ho is ill$ of a,vance, a-e o! ,/in- as to 9ustif/ e(ecution pen,in- appeal1 It is si-nificant to st!ess that p!ivate !espon,ent Kalcon is a 9u!i,ical entit/ an, not a natu!al pe!son' E10! 22+4'!- *& * '* ; 2 '!"00" '! /'! !)' ( "'2*.022 !" o! *&0 10.-0 o/ / )'!- )'1'( o. 010! ).'4'! ( 2+'*2, *&0 '440"' *0 0:0)+*'o! o/ 8+"-40!* '! '*2 / 1o. 50!"'!- 550 ( ) !!o* 70 8+2*'/'0" 2 ) 20 o/ ! *+. ( 50.2o! ;&o 4 3 70 '(( o. 4 3 70 o/

F ()o!C2 2'*+ *'o! 4 3 !o* 70 (',0!0" *o "1 !)0"

-0. E10! *&0 " !-0. o/ 0:*'!)*'o! o/ *&0 )o.5o. *'o! ;'(( !o* 50. 20 8+2*'/3

"'2).0*'o! .3 0:0)+*'o! unless the!e a!e sho0in-s of othe! -oo, !easons$ such as fo! instance$ i.pen,in- insolvenc/ of the a,ve!se pa!t/ o! the appeal bein- patentl/ ,ilato!/' But even as to the latte! !eason$ it 0as note, in A?uino vs' Santia-o 2"D" SCRA ;C& N"#::O3$ that it is not fo! the t!ial 9u,-e to ,ete!.ine the .e!it of a ,ecision he !en,e!e, as this is the !ole of the appellate cou!t' >ence$ it is not

0ithin co.petence of the t!ial cou!t$ in !esolvin- a .otion fo! e(ecution pen,in- appeal$ to !ule that the appeal is patentl/ ,ilato!/ an, !el/ on the sa.e as its basis fo! fin,in- -oo, !eason to -!ant the .otion' Onl/ an appellate cou!t can app!eciate the ,ilato!/ intent of an appeal as an a,,itional -oo, !eason in uphol,in- an o!,e! fo! e(ecution pen,in- appeal 0hich .a/ have been issue, b/ the t!ial cou!t fo! othe! -oo, !easons$ o! in cases 0he!e the .otion fo! e(ecution pen,in- appeal is file, 0ith the appellate cou!t in acco!,ance 0ith Section %$ pa!a-!aph 2a3$ Rule <# of the "##C Rules of Cou!t' @hat is 0o!se$ onl/ one case 0as actuall/ file, a-ainst Kalcon an, this is the co.plaint fo! collection file, b/ Soli,ban=' +he othe! cases a!e Ii.pen,in-M$ so it is sai,' O*&0. *& ! 2 '" So('"7 !, ) 20, F ()o!C2 2+.1'1 ( 2 7o"3 )o.5o. *0 ) !!o* 70 *&.0 *0!0" 73 !*')'5 *0" ('*'- *'o! ' +his not0ithstan,in-$

an, even assu.in- that the!e 0as a se!ious th!eat to Kalcon5s continue, co!po!ate e(istence$ 0e hol, that it is not tanta.ount no! even si.ila! to an i.pen,in- ,eath of a natu!al pe!son' +he .ate!ial e(istence of a 9u!i,ical pe!son is not on the sa.e plane as that of hu.an life' +he su!vival of a 9u!i,ical pe!sonalit/ is clea!l/ out0ei-he, b/ the lon- stan,in- -ene!al polic/ of enfo!cin- onl/ final an, e(ecuto!/ 9u,-.ents' 2E.phasis supplie,3 In this case$ the t!ial cou!t suppo!te, its ,isc!etiona!/ -!ant of e(ecution base, on the alle-e, collection suit file, a-ainst Pe6a b/ his c!e,ito! f!ien, fo! PhP<$&&&$&&&1 It has been establishe, that the plaintiff secu!e, the loan fo! the pu!pose of usin- the .one/ to co.pl/ 0ith the .an,ate of ,efen,ant ban= to hol, an, .aintain possession of the pa!cel of lan, in Pasa/ Cit/ an, to p!event int!u,e!s an, fo!.e! tenants f!o. occup/in- the sai, p!ope!t/' +he pu!pose of the loan 0as ve!/ specific an, the sa.e 0as .a,e =no0n to ,efen,ant ban= th!ou-h ,efen,ant +eo,o!o Bo!lon-an' +he loan 0as not secu!e, fo! so.e othe! pu!pose' +!uth to tell$ the plaintiff acco.plishe, his .ission in clea!in- the p!ope!t/ of tenants$ int!u,e!s an, s?uatte!s$ lon- befo!e the ,ea,line -iven hi. b/ the ,efen,ant ban=' +he plaintiff 0as assu!e, b/ no less than the P!esi,ent of ,efen,ant ban= of the availabilit/ of fun,s fo! his co.pensation an, !ei.bu!se.ent of his e(penses' >a, he been pai, b/ ,efen,ant ban= soon afte! he ha, fulfille, his obli-ation$ he coul, have settle, his loan obli-ation 0ith his c!e,ito!' Defen,ants 0e!e benefitte, b/ the se!vices !en,e!e, b/ the plaintiff' @hile plaintiff has co.plie, 0ith the un,e!ta=in-$ the ,efen,ants$ ho0eve!$ faile, to pe!fo!. thei! obli-ation to the plaintiff' T&0 5( '!*'// 2* !"2 *o 2+//0. -.0 *(3 '/ *&0 )o((0)*'o! ) 20 - '!2* &'4 '2 !o* "".0220". F'.2*(3, 2 2&o;! '! E:&'7'* FCG, 5( '!*'//C2 *o* ( o7('- *'o! ;'*& Ro70.*o I-! )'o 2 o/ M 3 1=== '2

P&P24,1=2,EEE.EE. T&'2 4o+!*, '/ (0/* +!5 '", ;'(( )o!*'!+0 *o '!).0 20 "+0 *o '!*0.02* )& .-02

70'!- '45o20" 73 *&0 ).0"'*o. *o *&0 5.08+"')0 o/ 5( '!*'//. Secon,l/$ a p!eli.ina!/ attach.ent has al!ea,/ been issue, an, this 0oul, !est!ict the plaintiff f!o. f!eel/ e(e!cisin- his !i-hts ove! his p!ope!t/ ,u!in- the pen,enc/ of the case' In thei! opposition$ ,efen,ants clai. that plaintiff5s in,ebte,ness is a !use$ ho0eve!$ ,efen,ants faile, to a,,uce evi,ence to suppo!t its clai.' +he cou!t fin,s that the pen,enc/ of the case fo! collection of .one/ a-ainst plaintiff is a -oo, !eason fo! i..e,iate e(ecution' <"; +he .e!e fact that Att/' Pe6a 0as al!ea,/ sub9ecte, to a collection suit fo! pa/.ent of the loan p!ocee,s he use, to pe!fo!. his se!vices fo! U!ban Ban= is not an acceptable !eason to o!,e! the e(ecution pen,in- appeal a-ainst the ban=' Kinancial ,ist!ess a!isin- f!o. a lone collection suit an, not ,ue to the a,vance, a-e of the pa!t/ is not an u!-ent o! co.pellin- !eason that 0oul, 9ustif/ the i..e,iate lev/ on the p!ope!ties of U!ban Ban= pen,in- appeal' +hat Pe6a 0oul, .a,e liable in the collection suit file, b/ his c!e,ito!*f!ien, 0oul, not !easonabl/ !esult in !en,e!in- illuso!/ the final 9u,-.ent in the instant action fo! a-ent5s co.pensation' Pe6a5s pu!po!te, ,ifficult/ in pa/in- the loan p!ocee,s use, to pe!fo!. his se!vices ,oes not out0ei-h the in9u!/ o! ,a.a-es that .i-ht !esult shoul, U!ban Ban= obtain a !eve!sal of the 9u,-.ent$ as it ,i, in this case' U!ban Ban= even asse!ts that the collection suit file, a-ainst Pe6a 0as a .e!e !use to p!ovi,e 9ustification fo! the e(ecution pen,in- appeal$ no .atte! ho0 fli.s/' <"D As ?uote, above$ the t!ial cou!t note, Att/' Pe6a5s total obli-ation to his c!e,ito!*f!ien, as of Ma/ "### 0as al!ea,/ the inc!e,ible a.ount of PhP%7$"#%$&&&'&&$ even 0hen the Co.plaint ,ate, &< Ap!il "### itself$ 0hich spa0ne, the collection suit inclu,e, onl/ a p!a/e! fo! pa/.ent of PhP<$;&&$&&& 0ith atto!ne/5s fees of PhP"&&$&&&' <"C It see.s absu!, that Att/' Pe6a 0oul, a-!ee to obtainin- a loan f!o. his o0n f!ien,$ 0hen the P!o.isso!/ Notes p!ovi,e, fo! a penalt/ of ;A inte!est pe! .onth o! D&A pe! annu. fo! ,ela/ in the pa/.ent' <": It soun,s .o!e li=e a c!eative 9ustification of the i..e,iate e(ecution of the PhP%:'; Million 9u,-.ent not0ithstan,in- the appeal' In fact$ the Cou!t of Appeals note, Att/' Pe6a5s a,.ission of sufficient p!ope!ties to ans0e! fo! an/ liabilit/ a!isin- f!o. the collection suit a!isin- f!o. his c!e,ito!*f!ien,' In initiall/ ,en/in- the e(ecution pen,in- appeal$ the appellate cou!t hel, that1 On the othe! han,$ p!ivate !espon,ent5s clai. that the onl/ 0a/ he coul, pa/ his in,ebte,ness to Robe!to I-nacio is th!ou-h the .one/ that he e(pects to !eceive f!o. petitione!s in pa/.ent of his se!vices is belie, b/ his testi.on/ at the hea!in- con,ucte, b/ the t!ial cou!t on the .otion fo! e(ecution pen,in-

appeal 0he!ein petitione!s 0e!e able to secu!e an a,.ission f!o. hi. that he has so.e assets 0hich coul, be attache, b/ Robe!to I-nacio an, that he 0oul, p!obabl/ have othe! assets left even afte! the attach.ent'<"# >ence$ to !ule that a pen,in- collection suit a-ainst Att/' Pe6a$ 0hich has not been sho0n to !esult in his insolvenc/$ 0oul, be to encou!a-e 9u,-.ent c!e,ito!s to in,i!ectl/ an, in,isc!i.inatel/ insti-ate collection suits o! cite pen,in- actions$ !elate, o! not$ as a I-oo, !easonM to !outinel/ avail of the !e.e,/ of ,isc!etiona!/ e(ecution'<%& As an e(ception to the -ene!al !ule on e(ecution afte! final an, e(ecuto!/ 9u,-.ent$ the !easons offe!e, b/ Att/' Pe6a to 9ustif/ e(ecution pen,in- appeal .ust be st!ictl/ const!ue,' Neithe! 0ill the Cou!t accept the t!ial cou!t5s unfoun,e, assu.ption that U!ban Ban=5s appeal 0as .e!el/ ,ilato!/$ as in fact$ the PhP%:$;&&$&&& a0a!, -iven b/ the t!ial cou!t 0as ove!tu!ne, b/ the appellate cou!t an, eventuall/ b/ this Cou!t' Mo!eove!$ at the ti.e the Special O!,e! of Hu,-e >en!/ +!oci6o of the R+C*Ba-o Cit/ ca.e out in "###$ U!ban Ban= ha, assets 0o!th .o!e than PhP"" Billion an, ha, a net 0o!th of .o!e than PhP% Billion' +he!e 0as no !eason then to believe that U!ban Ban= coul, not satisf/ a 9u,-.ent of PhP%:$;&&$&&&$ a su. that 0as onl/ "A of its net 0o!th$ an, "P; of "A of its total assets of PhP""$#<<$<:<$D<&' <%" U!ban Ban= 0as even -iven a Solvenc/$ Fi?ui,it/ an, Mana-e.ent Ratin- of :%':# ove! "&& b/ no less than the BSP<%% an, !epo!te,l/ ha, li?ui, assets a.ountin- to PhP%$&<D$:C:' <%< In fact$ no alle-ation of i.pen,ininsolvenc/ o! atte.pt to abscon, 0as eve! !aise, b/ Att/' Pe6a an, /et$ the t!ial cou!t -!ante, e(ecution pen,in- appeal' Since the o!i-inal o!,e! -!antin- e(ecution pen,in- appeal 0as co.pletel/ voi, fo! containin- no 9ustifiable !eason$ it follo0s that an/ affi!.ance of the sa.e b/ the Cou!t of Appeals is li=e0ise voi,' +he Decision of the Cou!t of Appeals in the case ,oc=ete, as CA*E'R' SP No' ;;DDC$ fin,in- a ne0 !eason fo! -!antin- e(ecution pen,in- appeal$ i'e'$ the !eceive!ship of U!ban Ban=$ is li=e0ise e!!oneous$ not0ithstan,in- this Cou!t5s !ulin- in Fee v' +!ocino' <%7 In acco!,ance 0ith the subse?uent Resolution of the Cou!t in above.entione, case of Fee v' +!ocino$ <%; 0e ,i!ectl/ !esolve the issue of the insufficienc/ of the !easons that le, to the -!ant of e(ecution pen,in- appeal' In cases 0he!e the t0o o! .o!e ,efen,ants a!e .a,e subsi,ia!il/ o! soli,a!il/ liable b/ the final 9u,-.ent of the t!ial cou!t$ ,isc!etiona!/ e(ecution can be allo0e, if (( *&0 "0/0!" !*2 have been foun, to be insolvent' Consi,e!in- that onl/ U!ban Ban=$ an, not the othe! ei-ht in,ivi,ual ,efen,ants$ 0as late! on consi,e!e, b/ the Cou!t of Appeals to have been Iin ,an-e! of insolvenc/$M is not sufficient !eason to

allo0 e(ecution pen,in- appeal$ since the liabilit/ fo! the a0a!, to Pe6a 0as .a,e 2albeit$ .ista=enl/3 soli,a!il/ liable to-ethe! 0ith the ban= office!s' In Kle(o Manufactu!in- Co!p' v' Colu.bus Koo,$ Inc'$ an, Pacific Meat Co.pan/$ Inc'$ <%D both Colu.bus Koo,$ Inc'$ 2Colu.bus Koo,3 an, Pacific Meat Co.pan/$ Inc'$ 2Pacific Meat3 0e!e foun, b/ the t!ial cou!t the!ein to be soli,a!il/ liable to Kle(o Manufactu!in-$ Inc'$ 2Kle(o Manufactu!in-3 fo! the p!incipal obli-ation of PhP%$#;C$%C&'&&' +he lo0e! cou!t also -!ante, e(ecution pen,in- appeal on the basis of the insolvenc/ of Colu.bus Koo,$ 010! '/ P )'/') M0 * ; 2 !o* /o+!" *o 70 '!2o(10!* ' Affi!.in- the !eve!sal o!,e!e, b/ the Cou!t of Appeals$ this Cou!t !ule, that since the!e 0as anothe! pa!t/ 0ho 0as soli,a!il/ liable to pa/ fo! the 9u,-.ent ,ebt$ asi,e f!o. the insolvent Colu.bus Koo,$ the!e 0as no -oo, !eason to allo0 the e(ecution pen,in- appeal1 Re-a!,in- the state of insolvenc/ of Colu.bus$ the case of Philippine National Ban= v' Puno$ hel,1 I@hile this Cou!t in seve!al cases has hel, that insolvenc/ of the 9u,-.ent ,ebto! o! i..inent ,an-e! the!eof is a -oo, !eason fo! ,isc!etiona!/ e(ecution$ othe!0ise to a0ait a final an, e(ecuto!/ 9u,-.ent .a/ not onl/ ,i.inish but .a/ nullif/ all chances fo! !ecove!/ on e(ecution f!o. sai, 9u,-.ent ,ebto!$ @e a!e const!aine, to !ule othe!0ise in this pa!ticula! case' I! *&0 /o.0)'*0" ) 202, *&0.0 ; 2 0'*&0. o!(3 o!0 "0/0 *0" 5 .*3 o. 8+"-40!* "07*o. ;&o ; 2, &o;010., '!2o(10!* o. *&0.0 ;0.0 2010. ( 2+)& 5 .*'02 7+* (( ;0.0 '!2o(10!*, &0!)0 *&0 /o.02 '" . *'o! (0 /o. "'2).0*'o! .3 0:0)+*'o! ; 2 5.020!*. In the case at ba!$ it is un,ispute, that$ assu.in- MMIC is insolvent$ its co*,efen,ant PNB is not. I* ) !!o*, *&0.0/o.0, 70 5( +2'7(3 22+40" *& * *&0 8+"-40!* 4'-&* 70)o40 '((+2o.3H '/ MMIC ) !!o* 2 *'2/3 *&0 8+"-40!*, PNB ;'(( !2;0. /o. '* ' It 0ill be obse!ve, that$ un,e! the ,ispositive po!tion of the 9u,-.ent he!einbefo!e ?uote,$ the liabilit/ of PNB is eithe! subsi,ia!/ o! soli,a!/' T&+2, ;&0! *&0.0 .0 *;o o. 4o.0 "0/0!" !*2 !" o!0 '2 !o* '!2o(10!*, *&0 '!2o(10!)3 o/ "0/0!" !* '2 !o* -oo" .0 2o! *o 8+2*'/3 0:0)+*'o! 50!"'!)oD

550 ( '/ *&0'. (' 7'('*3 +!"0. *&0

8+"-40!* '2 0'*&0. 2+72'"' .3 o. 2o('" .3' In this case$ Pacific 0as a,9u,-e, to be soli,a!il/ liable 0ith Colu.bus' +he!efo!e$ the latte! is not the onl/ pa!t/ that .a/ be ans0e!able to Kle(o' I*2 '!2o(10!)3 "o02 !o* 4o+!* *o -oo" .0 2o! *o -. !* 0:0)+*'o! 50!"'!- 550 (' 2E.phasis supplie,3

Si.ila!l/$ the t!ial cou!t in this case foun, U!ban Ban= an, all ei-ht in,ivi,ual ban= office!s soli,a!il/ liable to Att/' Pe6a fo! the pa/.ent of the PhP%:$;&&$&&& a0a!,' >ence$ ha, the 9u,-.ent been uphel, on appeal$ Att/' Pe6a coul, have ,e.an,e, pa/.ent f!o. an/ of the nine ,efen,ants' +hus$ it 0as a .ista=e fo! the Cou!t of Appeals to have affi!.e, e(ecution pen,in- appeal base, solel/ on the !eceive!ship of U!ban Ban=$ 0hen the!e 0e!e ei-ht othe! in,ivi,ual ,efen,ants$ 0ho 0e!e soli,a!il/ liable but 0e!e not sho0n to have been insolvent' Since U!ban Ban=5s co*,efen,ants 0e!e not foun, to have been insolvent$ the!e 0as no -oo, !eason fo! the Cou!t of Appeals to i..e,iatel/ o!,e! e(ecution

pen,in- appeal$ since Att/' Pe6a5s a0a!, coul, have been satisfie, b/ the ei-ht othe! ,efen,ants$ especiall/ 0hen the ,e Feon E!oup file, its supe!se,eas bon,' It see.s incon-!uous fo! Att/' Pe6a to be acco!,e, the benefit of e!!oneousl/ i.plea,in- seve!al ban= ,i!ecto!s$ 0ho ha, no ,i!ect han, in the t!ansaction$ but at the sa.e ti.e$ concent!atin- solel/ on U!ban Ban=5s inabilit/ to pa/ to 9ustif/ e(ecution pen,in- appeal$ !e-a!,less of the financial capacit/ of its othe! co*,efen,ants' @o!se$ he capitali4e, on the insolvenc/ an,Po! !eceive!ship of U!ban Ban= to lev/ o! -a!nish p!ope!ties of the ei-ht othe! in,ivi,ual ,efen,ants$ 0ho 0e!e neve! sho0n to have been incapable of pa/in- the 9u,-.ent ,ebt in the fi!st place' +he ,isposition on the e(ecution pen,in- appeal .a/ have been ,iffe!ent ha, Att/' Pe6a file, suit a-ainst U!ban Ban= alone .inus the ban= office!s an, the sa.e ban= 0as foun, solel/ liable fo! the a0a!, an, late! on ,ecla!e, un,e! !eceive!ship' In a,,ition$ a 9u,-.ent c!e,ito! of a ban=$ 0hich has been o!,e!e, b/ the BSP to be sub9ect of !eceive!ship$ has to fall in line li=e eve!/ othe! c!e,ito! of the ban= an, file its clai. un,e! the p!ope! p!oce,u!es fo! ban=s that have been ta=en ove! b/ the PDIC' Un,e! Section <& of Republic Act No' CD;<$ othe!0ise =no0n as the Ne0 Cent!al Ban= Act$ 0hich p!evaile, at that ti.e$ once a ban= is un,e! !eceive!ship$ the !eceive! shall i..e,iatel/ -athe! an, ta=e cha!-e of all the assets an, liabilities of the ban= an, a,.iniste! the sa.e fo! the benefit of its c!e,ito!s an, all of the ban=5s assets shall be consi,e!e, as un,e! custo,ial le-is an, e(e.pt f!o. an/ o!,e! of -a!nish.ent$ lev/$ attach.ent o! e(ecution'<%C In the Minute Resolution of the Moneta!/ Boa!, of the BSP$ U!ban Ban= 0as not onl/ p!evente, f!o. ,oin- business in the Philippines but its asset an, affai!s 0e!e place, un,e! !eceive!ship as p!ovi,e, fo! un,e! the sa.e la0' <%: In fact$ even Pe6a hi.self assu!e, the PDIC$ as !eceive! of U!ban Ban=$ that he 0oul, not sche,ule o! un,e!ta=e e(ecution sales of the ban=5s assets fo! as lon- as the ban= !e.ains in !eceive!ship'<%# Until the app!oval of the !ehabilitation o! the initiation of the li?ui,ation p!ocee,in-s$ all c!e,ito!s of the ban= un,e! !eceive!ship shall stan, on e?ual footin- 0ith !espect to ,e.an,in- satisfaction of thei! ,ebts$ an, cannot be e(ten,e, p!efe!!e, status b/ an e(ecution pen,inappeal 0ith !espect to the ban=5s assets1 Q NtOo e(ecute the 9u,-.ent 0oul, un,ul/ ,eplete the assets of !espon,ent ban= to the obvious p!e9u,ice of othe! c!e,ito!s' Afte! the Moneta!/ Boa!, has ,ecla!e, that a ban= is insolvent an, has o!,e!e, it to cease ope!ations$ the Boa!, beco.es the t!ustee of its assets fo! the e?ual benefit of all the ,eposito!s an, c!e,ito!s' Afte! its insolvenc/$ one c!e,ito! cannot obtain an a,vanta-e o! p!efe!ence ove! anothe! b/ an attach.ent$ e(ecution o! othe!0ise' U!*'( *&0.0 '2 ! 55.o10" .0& 7'('* *'o! o. *&0 '!'*' *'o! o/ *&0 ('9+'" *'o! 5.o)00"'!-2, ).0"'*o.2 o/ *&0 7 !, 2* !" o! 09+ ( /oo*'!- ;'*& .0250)* *o "04 !"'!-

2 *'2/ )*'o! o/ *&0'. "07*2,

!" ) !!o* 70

//o."0" 250)' ( *.0 *40!* 73

! 0:0)+*'o! 50!"'!-

550 ( ;'*& .0250)* *o *&0 7 !,C2 220*2.<<& 2E.phasis supplie,3 Mo!eove!$ assu.in- that the CA 0as co!!ect in fin,in- a !eason to 9ustif/ the e(ecution pen,in- appeal because of the supe!venin- event of U!ban Ban=5s closu!e$ the assu.ption b/ the EIB of the liabilities of U!ban Ban= .eant that an/ e(ecution pen,in- appeal can be -!ante, onl/ if EIB itself is sho0n to be unable to satisf/ Pe6a5s 9u,-.ent a0a!, of PhP%:$;&&$&&&' +hat is not at all the case' In 9ust one pa!ticula! sale on e(ecution he!ein$ EIB offe!e, to ans0e! in cash fo! a substantial pa!t of Pe6a5s clai.s$ as evi,ence, b/ EIB5s capacit/ an, 0illin-ness to !e,ee. the e(ecute, p!ope!ties 2con,o.iniu. units sol, to inte!veno! Uni.e-a3 b/ ten,e!in- .ana-e!5s chec=s fo! .o!e than PhP%% Million <<" 0hich is al!ea,/ CC';CA of Pe6a5s total a0a!, f!o. the t!ial cou!t' <<% +he fact that EIB5s offe! to ta=e ove! U!ban Ban= .eans it 0as able to satisf/ the BSP5s conce!n that all le-iti.ate liabilities of U!ban Ban= be ,ul/ ,ischa!-e,' As an e(ception to the -ene!al !ule that onl/ final 9u,-.ents .a/ be e(ecute,$ <<< the -!ant of e(ecution pen,in- appeal .ust pe!fo!ce be base, on I-oo, !easons'M +hese !easons .ust consist of co.pellin- o! supe!io! ci!cu.stances ,e.an,in- u!-enc/ 0hich 0ill out0ei-h the in9u!/ o! ,a.a-es suffe!e,$ shoul, the losin- pa!t/ secu!e a !eve!sal of the 9u,-.ent o! final o!,e!' <<7 +he ci!cu.stances that 0oul, !easonabl/ 9ustif/ supe!io! u!-enc/$ ,e.an,in- inte!i. e(ecution of Pe6a5s clai.s fo! co.pensation an,Po! ,a.a-es$ have al!ea,/ been settle, b/ the financial capacit/ of the ei-ht othe! co*,efen,ants$ the app!oval of the supe!se,eas bon,s$ the subse?uent ta=eove! b/ EIB$ an, the successo! ban=5s stable financial con,ition$<<; 0hich can ans0e! fo! the 9u,-.ent ,ebt' +hus$ Pe6a5s inte!est as a 9u,-.ent c!e,ito! is al!ea,/ 0ell*p!otecte,' @hile the!e is a -ene!al !ule that a final an, e(ecuto!/ 9u,-.ent in the .ain case 0ill !en,e! .oot an, aca,e.ic a petition ?uestionin- the e(e!cise of the t!ial cou!t5s ,isc!etion in allo0in- e(ecution pen,inappeal$ 0e fin, it necessa!/ to !ule cate-o!icall/ on this ?uestion because of the .a-nitu,e of the abe!!ations that atten,e, the e(ecution pen,in- appeal in the Decision of the R+C*Ba-o Cit/' 1rregu.&rities in the 2e-, &nd S&.e on E3ecution Pending 4ppe&. Assu.in- that the Special O!,e! -!antin- e(ecution pen,in- appeal 0e!e vali,$ issues have been !aise, on alle-e, i!!e-ula!ities that .a! the lev/ an, sale on e(ecution of the p!ope!ties of U!ban Ban= an, its office!s an, ,i!ecto!s' Man/ of the facts have not been sufficientl/ liti-ate, befo!e the t!ial an, appellate cou!ts fo! us to full/ !ule on the issue$ neve!theless$ f!o. 0hat is on !eco!,$ the follo0in- a!e the obse!vations of this Cou!t1

Ki!st$ cont!a!/ to the -ene!al !ules on e(ecution$ no oppo!tunit/ 0as -iven to U!ban Ban= o! the othe! co* ,efen,ants to pa/ the 9u,-.ent ,ebt in cash o! ce!tifie, chec=' <<D Befo!e p!ocee,in- on the lev/in- an, -a!nishin- pe!sonal an, !eal p!ope!ties$ ,e.an, .ust be .a,e b/ the she!iff a-ainst the 9u,-.ent ,ebto!s$ U!ban Ban= an, the ei-ht othe! in,ivi,ual ban= office!s$ fo! the i..e,iate pa/.ent of the a0a!, sub9ect of the e(ecution pen,in- appeal' It has not been sho0n 0hethe! U!ban Ban= an, its office!s an, ,i!ecto!s 0e!e affo!,e, such an oppo!tunit/' Instea, of -a!nishin- pe!sonal p!ope!ties of the ban=$ the she!iff ine(plicabl/ p!ocee,e, to lev/ substantial !eal p!ope!ties of the ban= an, its office!s at the onset' Secon,$ assu.in- that U!ban Ban= an, its office!s ,i, not possess sufficient cash o! fun,s to pa/ fo! the 9u,-.ent ,ebt pen,in- appeal$ the/ shoul, have been -iven the option to choose 0hich of thei! p!ope!ties to be -a!nishe, an,Po! levie,' In this case$ U!ban Ban= e(e!cise, its option b/ p!esentin- to the she!iff va!ious pa!cels of lan,$ 0hose values a.ount to .o!e than PhPCD$::%$#%; an, 0e!e sufficient to satisf/ the 9u,-.ent ,ebt' <<C A.on- those p!esente, b/ the ban=$ onl/ the p!ope!t/ locate, in +a-a/ta/ 0as levie, upon b/ the she!iff' <<: No sufficient !eason 0as !aise, 0h/ the ban=5s chosen p!ope!ties 0e!e !e9ecte, o! ina,e?uate fo! pu!poses of secu!in- the 9u,-.ent ,ebt pen,in- appeal' @o!se$ the She!iff p!ocee,e, 0ith -a!nishin- an, lev/in- on as .an/ p!ope!ties of U!ban Ban= an, its office!s$ in ,is!e-a!, of thei! !i-ht to choose un,e! the !ules' +hi!,$ the public auction sales con,ucte, in the e(ecution pen,in- appeal sol, .o!e p!ope!ties of U!ban Ban= an, the ,i!ecto!s than 0hat 0as sufficient to satisf/ the ,ebt' In,ee,$ the conse!vative value of the p!ope!ties levie, he!ein b/ the she!iff a.ountin- to .o!e than P&P181,=1=,1=E$ consistin- of p!i.e con,o.iniu. units in the hea!t of the Ma=ati Business ,ist!ict$ a lot in +a-a/ta/ Cit/$ sha!es in e(clusive clubs$ an, sha!es of stoc=$ a.onothe!s$ 0as .o!e than sufficient to ans0e! fo!

the P&P28,5EE,EEE 9u,-.ent ,ebt si( ti.es ove!' Rathe! than stop 0hen the p!ope!ties sol, ha, app!o(i.ate, the .oneta!/ a0a!,$ the e(ecution sale pen,in- appeal continue, an, un,ul/ benefitte, Att/' Pe6a$ 0ho$ as 9u,-.ent c!e,ito! an,$ at ti.es$ the 0innin- bi,,e!$ pu!chase, .ost of the p!ope!ties sol,' Kou!th$ it 0as sup!e.el/ ,isconce!tin- ho0 U!ban Ban=$ th!ou-h its successo! EIB$ 0as un,ul/ ,ep!ive, of the oppo!tunit/ to !e,ee. the p!ope!ties$ even afte! p!esentin- .ana-e!5s chec=s <<# e?ual to the pu!chase p!ice of the con,o.iniu. units sol, at the e(ecution sale' No !eason 0as offe!e, b/ the t!ial cou!t<7& o! the she!iff<7" fo! !e9ectin- the !e,e.ption p!ice ten,e!e, b/ EIB in o!,e! to !ecove! the p!ope!ties e(ecute, an, sol, in public auction pen,in- appeal' Kinall/$ the Cou!t cannot tu!n a blin, e/e to the fact that the!e 0as al!ea,/ a sufficient supe!se,eas bon, -iven to ans0e! fo! 0hateve! .oneta!/ a0a!, 0ill be -iven in the en,' +o !ecall$ the De Feon E!oup ha, al!ea,/ ten,e!e, a supe!se,eas bon, of PhP7&$&&&$&&& in the Cou!t of Appeals to p!event e(ecution

pen,in- appeal ove! thei! p!ope!ties' In fact$ even U!ban Ban= ten,e!e, a sepa!ate supe!se,eas bon, of e?ual a.ount 0ith this Cou!t$ fo! a total of PhP:&$&&&$&&& to secu!e an/ 9u,-.ent to be a0a!,e, to Att/' Pe6a' +hat e(ecution sales ove! the p!ope!ties of 9u,-.ent ,ebto!s p!ocee,e, ,espite the th!ee*fol, value of secu!ities co.pa!e, to the a.ount of the a0a!, in,icates ba, faith$ if not .alice$ 0ith !espect to the con,uct of the e(ecution pen,in- appeal' Inas.uch as the R+C Decision has al!ea,/ been vacate, an, an in,epen,ent fin,in- has been .a,e b/ this Cou!t of the co.plete nullit/ of the o!,e! -!antin- e(ecution pen,in- appeal$ it follo0s that all acts pu!suant to such o!,e! an, its 0!it a!e also voi,' It ,oes not follo0 ho0eve!$ that the Cou!t5s Decision in Co v' Silla,o!$<7% is nullifie,$ inas.uch as an e?uall/*i.po!tant le-al ,oct!ine ) the i..utabilit/ of Sup!e.e Cou!t final ,ecisions ) is also to be consi,e!e,' In an/ case$ the factual ci!cu.stances an, the !ulin- on that case 0e!e li.ite, to the actions of She!iff Allan Silla,o! 0ith !espect to p!ope!ties levie, un,e! the sa.e Special O!,e! an, @!it of E(ecution$ 0hich 0e!e sub9ect of thi!, pa!t/ clai.s .a,e b/ the spouses of +eo,o!o Bo!lon-an$ Co!a4on Be9asa an, A!tu!o Manuel$ H!' <7< It ,oes not enco.pass othe! specific events an, acts co..itte, in the cou!se of the e(ecution pen,in- appeal that .a/ 0a!!ant a,.inist!ative o! ,isciplina!/ actions' >avin- sai, that$ this Cou!t leaves it to the pa!ties to e(plo!e avenues fo! !e,!ess in such a situation' +he obse!vation on the i!!e-ula!ities above*enu.e!ate, a!e .a,e fo! the pu!pose of co!!ectin- the in9ustice that has been co..itte, he!ein$ b/ allo0in- the Cou!t to pu!sue the ?uestion of 0ho 0as !esponsible fo! such -!oss violation of the !ules on e(ecution$ an, fo! the Cou!t to fin, .easu!es to i.p!ove the safe-ua!,s a-ainst abuse of cou!t p!ocesses' It is fo! this !eason that the Office of the Cou!t A,.inist!ato! 0ill be -iven a special tas= b/ the Cou!t on this .atte!' Hu,-e >en!/ +!ocino of R+C*Ba-o Cit/$ 0ho issue, the Special O!,e! an, ha, supe!viso!/ autho!it/ ove! the p!ocee,in-s of the e(ecution pen,in- appeal$ 0oul, have been inclu,e, un,e! such a,.inist!ative investi-ation b/ the Office of the Cou!t A,.inist!ato!$ 0e!e it not fo! his !eti!e.ent f!o. the 9u,icial se!vice' )he Court5s Suspension Order o( E3ecution Pending 4ppe&. Actin- on Att/' Pe6a5s O.nibus Motion ,ate, &# Dece.be! %&&% <77 an, Uni.e-a5s Motion fo! Reconsi,e!ation ,ate, "& Dece.be! %&&%<7; 0ith !espect to the Cou!t5s O!,e! ,ate, "< Nove.be! %&&%<7D that cla!ifie, the ea!lie! sta/ o!,e! a-ainst the e(ecution pen,in- appeal$ <7C the Cou!t he!eb/ ,enies both .otions' +he Cou!t is full/ co!!ect in suspen,in- the pe!io, fo! the !unnin- of the !e,e.ption pe!io, of the p!ope!ties of U!ban Ban= an, its office!s an, ,i!ecto!s that 0e!e levie, an, sub9ect of e(ecution sale to satisf/ the 9u,-.ent ,ebt in favo! of Att/' Pe6a$ the Cou!t havin- conclusivel/ ,ete!.ine, that the

supe!se,eas bon, file, 0as sufficient an, consi,e!in- the subse?uent fin,in- that the sai, e(ecution pen,in- appeal lac=s an/ sufficient -!oun, fo! the -!ant the!eof' As to the theo!/ of Att/' Pe6a that the actuations of Hustice Ca!pio$ the then ponente of this case$ in ,!aftin- the ?uestione, O!,e! shoul, positivel/ i.pact his .otion fo! !econsi,e!ation of the sa.e$ the Cou!t fin,s this a!-u.ent utte!l/ ,evoi, of .e!it' In the fi!st place$ that ?uestione, O!,e! 0as not the ,ecision of onl/ a sin-le .e.be! of the Cou!t$ Hustice Ca!pio$ but of the enti!e ,ivision to 0hich he belon-e,$ then co.pose, of !eti!e, Chief Hustice >ila!io Davi,e$ Hustices Hose itu-$ Consuelo Jna!es*Santia-o an, A,olfo A4cuna' +his O!,e! 0as affi!.e, b/

the sa.e Division as its ,ul/*p!o.ul-ate, o!,e!' In !elation to this$ the affi!.ation b/ the Division of this O!,e! ,e.onst!ates that the!e is no t!uth to Att/' Pe6a5s clai. that Hustice Ca!pio fab!icate, the O!,e!' In the secon, place$ Att/' Pe6a5s clai. of un,ue inte!est a-ainst Hustice Ca!pio specificall/ 0ith !espect to the latte! havin- the instant case t!ansfe!!e, to his ne0 Division$ is base, on i-no!ance of the s/ste. of assi-n.ent of cases in the Sup!e.e Cou!t' @hen a !eo!-ani4ation of the Cou!t ta=es place in the fo!. of a chan-e in the co.position of Divisions$ ,ue to the !eti!e.ent o! loss of a .e.be!$ the Hustices ,o not the!eb/ lose thei! case assi-n.ents but b!in- the latte! 0ith the. to thei! ne0 Divisions' <7: +he cases a!e then t!ansfe!!e, to the Hustices5 ne0 Divisions$ b/ 0a/ of the co!!espon,in- !e?uest f!o. each 9ustice' Each 9ustice is in fact$ !e?ui!e, to .a=e this !e?uest$ othe!0ise the !ollo of the cases of 0hich he is Me.be!*in*Cha!-e 0ill be !etaine, b/ a Division in 0hich he is no lon-e! a .e.be!' In,ee,$ Att/' Pe6a5s i.a-ination has -otten the bette! of hi.' +hi!,l/$ his insinuation 20hich he ,enies3 that Hustice Ca!pio .a/ have been b!ibe, because the latte! has a ne0 Me!ce,es Ben4 <7# is hi-hl/ offensive an, has no place 0he!e his points shoul, have been confine, to le-al !easons an, a!-u.ents' Inci,entall/$ Att/' Pe6a has voice, the fea! in the Fette! of Co.plaint file, in the Cou!t5s Co..ittee on Ethics an, Ethical Stan,a!,s$<;& 0hich he b!ou-ht a-ainst the ponente of this Decision$ that she 0ill supp!ess .ate!ial info!.ation !e-a!,in- the issuance of the O!,e! suspen,in- the !e,e.ption pe!io, because of he! close !elationship to Hustice Ca!pio' Cont!a!/ to this fea!$ this Decision is f!ontall/ ,isposin- of this clai. b/ statin- that the!e is no basis to believe that the ?uestione, O!,e! 0as an/thinthan the 9oint ,ecision of the five .e.be!s of the then Ki!st Division$ an, that his a!-u.ents in his .otion to !econsi,e! ,oes not pe!sua,e this Cou!t to va!/ in an/ fo!. the ?uestione, o!,e!' Mo!eove!$ ou! ,isposition of this case !en,e!s .oot his .otion to !econsi,e! the o!,e!' It .ust be e.phasi4e, that the p!olon-e, !esolution of the p!oce,u!al issue in the Petitions in E' R' Nos' "7;:"C an, "7;:%% on the e(ecution pen,in- appeal is ,ue in no s.all pa!t to the ,ela/s a!isin- f!o.

Pe6a5s peculia! penchant fo! filin- successive .otions fo! inhibition an, !e*!affle' <;" +he Cou!t cannot sanction Pe6a5s !epeate, !e?uests fo! volunta!/ inhibition of .e.be!s of the Cou!t base, on the sole -!oun, of his o0n self*se!vin- alle-ations of lac= of faith an, t!ust$ an, 0oul, li=e to !eite!ate$ at this point$ the polic/ of the Cou!t not to tole!ate acts of liti-ants 0ho$ fo! 9ust about an/ conceivable !eason$ see= to ,is?ualif/ a 9u,-e 2o! 9ustice3 fo! thei! o0n pu!pose$ un,e! a plea of bias$ hostilit/$ p!e9u,ice o! p!e9u,-.ent'<;% +he Cou!t cannot allo0 the unnecessa!/ an, successive !e?uests fo! inhibition$ lest it opens the floo,-ates to fo!u.*shoppin- 0he!e liti-ants loo= fo! a 9u,-e .o!e f!ien,l/ an, s/.pathetic to thei! cause than p!evious ones'<;< Restitution o( the +&n05s E3ecuted Properties +he Cou!t is still conf!onte, 0ith the supe!venin- acts !elate, to the e(ecution pen,in- appeal an, the !eve!sal of the a0a!, of ,a.a-es$ 0hich affect the !i-hts of the pa!ties as 0ell as of the inte!veno!s to the case$ specificall/$ inte!veno! Uni.e-a' In co.pletel/ !esolvin- the ,iffe!in- clai.s an, pe!fo!.in- its e,ucational function$ the Cou!t shall b!iefl/ encapsulate an, !estate the ope!ational !ules -ove!nine(ecution pen,in- appeal 0hen the!e has been a !eve!sal of the t!ial cou!t5s Decision on the a0a!, of ,a.a-es in o!,e! to -ui,e the pa!ties as 0ell as the bench an, ba! in -ene!al' +he necessit/ of .a=inthese ,etaile, inst!uctions is p!o.pte, b/ the .ost natu!al ?uestion an o!,ina!/ pe!son 0ith a sense of 9ustice 0ill as= afte! !ea,in- the facts1 >o0 can an obli-ation to pa/ fo! the se!vices of a la0/e! so that %< un0ante, tenants leave a co!po!ation5s p!ope!t/ lea, to the loss o! the i.pai!.ent of use of .o!e than P&P181 M'(('o! 0o!th of p!ope!ties of that co!po!ation an, of its office!s an, ,i!ecto!sG Obviousl/$ this Cou!t .ust un,e!ta=e co!!ective actions s0iftl/' +he !ule is that$ 0he!e the e(ecute, 9u,-.ent is !eve!se, totall/ o! pa!tiall/$ o! annulle, ) on appeal o! othe!0ise ) the t!ial cou!t .a/$ on .otion$ issue such o!,e!s of !estitution o! !epa!ation of ,a.a-es as e?uit/ an, 9ustice .a/ 0a!!ant un,e! the ci!cu.stances' <;7 +he Rules of Cou!t p!ecisel/ p!ovi,es fo! !estitution acco!,in- to e?uit/$ in case the e(ecute, 9u,-.ent is !eve!se, on appeal' <;; MIn an e(ecution pen,in- appeal$ fun,s a!e a,vance, b/ the losin- pa!t/ to the p!evailin- pa!t/ 0ith *&0 '45('0" o7('- *'o! o/ *&0 ( **0. *o .05 3 *&0 /o.40., '! ) 20 *&0 ; .".I<;D In ,isposin- of the .ain case sub9ect of these Petitions$ the Cou!t totall/ !eve!se, the sta--e!in- a.ount of ,a.a-es -iven b/ the t!ial cou!t$ an, li.ite, on a ?uantu. .e!uit basis the a-ent5s co.pensation to PhP7$;&&$&&& onl/' >o0eve!$ p!ope!ties of U!ban Ban= an, in,ivi,ual petitione!s have been -a!nishe, an, levie, upon in the a.ount of suppose,l/ .o!e than PhP:;$<##$<;&' <;C Appl/in- the fo!e-oin- !ules$ petitione!*!espon,ent ban= is entitle, to co.plete an, full !estitution of its levie, p!ope!ties$ sub9ect to the pa/.ent of the PhP7$;&&$&&&' Mean0hile$ petitione!s ban= office!s$ all of 550(( *0 )o+.* ) !)0(2 o. .0"+)02 *&0 4o!0* .3

0ho. have not been foun, in,ivi,uall/ o! soli,a!il/ liable$ a!e entitle, to full !estitution of all thei! p!ope!ties levie, upon an, -a!nishe,$ since the/ have been e(one!ate, f!o. co!po!ate liabilit/ 0ith !espect to the ban=5s a-enc/ !elationship 0ith Pe6a' Consi,e!in- the .oneta!/ a0a!, to Pe6a an, the lev/ on an, e(ecution of so.e of its p!ope!ties pen,inappeal$ U!ban Ban=$ no0 EIB$ .a/ satisf/ the 9u,-.ent in the .ain case an, at the sa.e ti.e full/ !ecove! all the p!ope!ties e(ecute, o0in- to the co.plete !eve!sal of the t!ial cou!t5s a0a!,e, ,a.a-es' It .ust i..e,iatel/ an, full/ pa/ the 9u,-.ent ,ebt befo!e the enti!e lot of levie, p!ope!ties$ sub9ect of the e(ecution pen,in- appeal$ is !esto!e, to it'<;: Due to the co.plete !eve!sal of the t!ial cou!t5s a0a!, fo! ,a.a-es$ 0hich 0as the basis of the Special O!,e! an, @!it of E(ecution allo0in- e(ecution pen,in- appeal$ inte!veno! Uni.e-a an, othe! bi,,e!s 0ho pa!ticipate, in the public auction sales a!e liable to co.pletel/ !esto!e to petitione!*!espon,ent ban= all of the p!ope!ties sol, an, pu!chase, the!ein' Althou-h e(ecution pen,in- appeal is sanctione, un,e! the !ules an, 9u!isp!u,ence$ 0hen the e(ecute, ,ecision is !eve!se,$ the p!e.atu!e e(ecution is consi,e!e, to have lost its le-al bases' +he situation necessa!il/ !e?ui!es e?uitable !estitution to the pa!t/ p!e9u,ice, the!eb/'<;# As a .atte! of p!inciple$ cou!ts a!e autho!i4e, at an/ ti.e to o!,e! the !etu!n of p!ope!t/ e!!oneousl/ o!,e!e, to be ,elive!e, to one pa!t/$ if the o!,e! is foun, to have been issue, 0ithout 9u!is,iction'<D& As a pu!chase! of p!ope!ties un,e! an e(ecution sale$ 0ith an appeal on the .ain case still pen,in-$ inte!veno! Uni.e-a =ne0 o! 0as boun, to =no0 that its title to the p!ope!ties$ pu!chase, in the p!e.atu!e public auction sale$ 0as contin-ent on the outco.e of the appeal an, coul, possibl/ be !eve!se,' Until the 9u,-.ent on the .ain case on 0hich the e(ecution pen,in- appeal hin-es is !en,e!e, final an, e(ecuto!/ in favo! of the p!evailin- 9u,-.ent c!e,ito!$ it is incu.bent on the pu!chase!s in the e(ecution sale to p!ese!ve the levie, p!ope!ties' +he/ shall be pe!sonall/ liable fo! thei! failu!e to ,o so$ especiall/ if the 9u,-.ent is !eve!se,$ as in this case' <D" In fact$ if specific !estitution beco.es i.p!acticable ) such as 0hen the p!ope!ties pass on to innocent thi!, pa!ties ) the losin- pa!t/ in the e(ecution even beco.es liable fo! the full value of the p!ope!t/ at the ti.e of its sei4u!e$ 0ith inte!est' +he Cou!t has !ule,1 @hen a 9u,-.ent is e(ecute, pen,in- appeal an, subse?uentl/ ove!tu!ne, in the appellate cou!t$ the pa!t/ 0ho .ove, fo! i..e,iate e(ecution shoul,$ upon !etu!n of the case to the lo0e! cou!t$ be !e?ui!e, to .a=e specific !estitution of such p!ope!t/ of the p!evailin- pa!t/ as he o! an/ pe!son actin- in his behalf .a/ have ac?ui!e, at the e(ecution sale . I/ 250)'/') .02*'*+*'o! 70)o402 '45. )*') 7(0, *&0 (o2'!5 .*3 '! *&0 0:0)+*'o! 70)o402 (' 7(0 /o. *&0 /+(( 1 (+0 o/ *&0 5.o50.*3 * *&0 *'40 o/ '*2 20'>+.0, ;'*& '!*0.02*.

@hile the t!ial cou!t .a/ have acte, 9u,iciousl/ un,e! the p!e.ises$ its action !esulte, in -!ave in9ustice to the p!ivate !espon,ents' It cannot be -ainsai, that it is incu.bent upon the plaintiffs in e(ecution 2A!an,as3 to !etu!n 0hateve! the/ -ot b/ .eans of the 9u,-.ent p!io! to its !eve!sal' A!" '/ 50.)& !)0 2o40 o/ *&0 5.o50.*'02 4'-&* & 10 5 220" o! *o '!!o)0!* *&'." 5 .*'02 2 & 550!0" '! *&0 ) 20 * 7 ., *&0 A. !" 2 .0 "+*3 7o+!" !o!0*&0(022 *o .0*+.! *&0 )o..025o!"'!- 1 (+0 o/ 2 '" 5.o50.*'02 2 4 !" *0" 73 *&0 R+(02' 2E.phasis supplie,3<D% In this case$ the !i-hts of inte!veno! Uni.e-a to the "& con,o.iniu. units bou-ht ,u!in- the public auction sale un,e! the Special O!,e! a!e !en,e!e, nu-ato!/ b/ the !eve!sal of the a0a!, of unconscionable ,a.a-es b/ the t!ial cou!t' It cannot clai. to be an innocent thi!,*pa!t/ pu!chase! of the levie, con,o.iniu. units$ since the e(ecution sale 0as p!ecisel/ .a,e pen,in- appeal' It cannot si.pl/ assu.e that 0hateve! inaction o! ,ela/ 0as incu!!e, in the p!ocess of the appeal of the .ain Decision 0oul, auto.aticall/ !en,e! the !e.e,/ ,ilato!/ in cha!acte!' <D< @hateve! !i-hts 0e!e ac?ui!e, b/ inte!veno! Uni.e-a f!o. the e(ecution sale un,e! the t!ial cou!t5s Special O!,e!s a!e con,itional on the final outco.e of the appeal in the .ain case' Unli=e in auction sales a!isin- f!o. final an, e(ecuto!/ 9u,-.ents$ both the 9u,-.ent c!e,ito! an, the thi!, pa!ties 0ho pa!ticipate in auction sales pen,inappeal a!e ,ee.e, to =no0in-l/ assu.e an, volunta!il/ accept the !is=s of a possible !eve!sal of the ,ecision in the .ain case b/ the appellate cou!t' +he!efo!e$ inte!veno! Uni.e-a is !e?ui!e, to !esto!e the con,o.iniu. units to U!ban Ban=' Althou-h the inte!veno! has cause, the annotation of the sale an, levie, on the titles to those units$ the titles have !e.aine, un,e! the na.e of the ban=$ o0in- to the supe!se,eas bon, it ha, file, an, the Cou!t5s o0n o!,e!s that ti.el/ suspen,e, the t!ansfe! of the titles an, fu!the! e(ecution pen,in- appeal' +he obli-ation to !esto!e the p!ope!ties to petitione!*!espon,ent ban= is$ ho0eve!$ 0ithout p!e9u,ice to the concu!!ent !i-ht of inte!veno! Uni.e-a to the !etu!n of the PhP"&$&&&$&&& the latte! pai, fo! the con,o.iniu. units$ 0hich Pe6a !eceive, as 9u,-.ent c!e,ito! in satisfaction of the t!ial cou!t5s ea!lie! Decision'<D7 Conse?uentl/$ inte!veno!5s ea!lie! !e?uest fo! the issuance of a 0!it of possession <D; ove! those units no lon-e! has an/ le- to stan, on' Not bein- entitle, to a 0!it of possession un,e! the p!esent ci!cu.stances$ Uni.e-a5s e( pa!te petition is conse?uentl/ ,enie,' Upon the !eve!sal of the .ain Decision$ the levie, p!ope!ties itself$ sub9ect of e(ecution pen,in- appeal .ust be !etu!ne, to the 9u,-.ent ,ebto!$ if those p!ope!ties a!e still in the possession of the 9u,-.ent c!e,ito!$ plus co.pensation to the fo!.e! fo! the ,ep!ivation an, the use the!eof' <DD +he obli-ation to !etu!n the p!ope!t/ itself is li=e0ise i.pose, on a thi!,*pa!t/ pu!chase!$ li=e inte!veno! Uni.e-a$ in cases 0he!ein it "'.0)*(3 5 .*')'5 *0" '! *&0 5+7(') +)*'o! 2 (0 $ an, the *'*(0 *o *&0 0:0)+*0" 5.o50.*3 & 2

!o* 30* 700! *. !2/0..0"' +he thi!,*pa!t/ pu!chase! shall$ ho0eve!$ be entitle, to !ei.bu!se.ent f!o. the 9u,-.ent c!e,ito!$ 0ith inte!est' Consi,e!in- the fo!e-oin- points$ the Cou!t a,opts 0ith .o,ification the !ules of !estitution e(poun,e, b/ !eti!e, Hustice Klo!en4 D' Re-ala,o in his se.inal 0o!= on civil p!oce,u!e$ <DC 0hich the appellate cou!t itself cite, ea!lie!'<D: In cases in 0hich !estitution of the p!e.atu!el/ e(ecute, p!ope!t/ is no lon-e! possible$ co.pensation shall be .a,e in favo! of the 9u,-.ent ,ebto! in the follo0in- .anne!1 a' If the pu!chase! at the public auction is the 9u,-.ent c!e,ito!$ he .ust pa/ the full value of the p!ope!t/ at the ti.e of its sei4u!e$ 0ith inte!est' b' If the pu!chase! at the public auction is a thi!, pa!t/$ an, *'*(0 *o *&0 5.o50.*3 & 2 (.0 "3 700! 1 ('"(3 !" *'40(3 *. !2/0..0" *o *&0 ! 40 o/ *& * 5 .*3 $ the 9u,-.ent c!e,ito! .ust pa/ the a.ount !eali4e, f!o. the she!iff5s sale of that p!ope!t/$ 0ith inte!est' c' If the 9u,-.ent a0a!, is !e,uce, on appeal$ the 9u,-.ent c!e,ito! .ust !etu!n to the 9u,-.ent ,ebto! onl/ the e(cess !eceive, ove! an, above that to 0hich the fo!.e! is entitle, un,e! the final 9u,-.ent$ 0ith inte!est' In su..a!/$ U!ban Ban= is entitle, to co.plete !esto!ation an, !etu!n of the p!ope!ties levie, on e(ecution consi,e!in- the absolute !eve!sal of the a0a!, of ,a.a-es$ upon the pa/.ent of the 9u,-.ent ,ebt he!ein a.ountin- to PhP7$;&&$&&&$ 0ith inte!est as in,icate, in the ,ispositive po!tion' @ith !espect to in,ivi,ual petitione!s$ the/ a!e entitle, to the absolute !estitution of thei! e(ecute, p!ope!ties$ e(cept 0hen !estitution has beco.e i.possible$ in 0hich case Pe6a shall be liable fo! the full value of the p!ope!t/ at the ti.e of its sei4u!e$ 0ith inte!est' @hethe! U!ban Ban= an, the ban= office!s an, ,i!ecto!s a!e entitle, to an/ clai. fo! ,a.a-es a-ainst Pe6a an, his in,e.nit/ bon, is best ventilate, befo!e the t!ial cou!t$ as p!esc!ibe, un,e! the p!oce,u!al !ules on e(ecution pen,in- appeal' I%EREFORE$ the Cou!t DENIES Att/' Ma-,aleno Pe6a5s Petition fo! Revie0 ,ate, %< Ap!il %&&7 2E' R' No' "D%;D%3 an,AFFIRMS IIT% MODIFICATION the Cou!t of Appeals5 Decision ,ate, &D Nove.be! %&&< havin- co!!ectl/ foun, that the Re-ional +!ial Cou!t of Ba-o Cit/ -!avel/ abuse, its ,isc!etion in a0a!,in- unconscionable ,a.a-es a-ainst U!ban Ban=$ Inc'$ an, its office!s' +he Decision of the Re-ional +!ial Cou!t of Ba-o Cit/ ,ate, %: Ma/ "### is hence $ACATED. Neve!theless$ U!ban Ban=$ Inc'$ is ORDERED to pa/ Att/' Pe6a the a.ount of PhP<$&&&$&&& as !ei.bu!se.ent fo! his e(penses an, an a,,itional PhP"$;&&$&&& as co.pensation fo! his se!vices$ 0ith inte!est at DA pe! annu. f!o. %: Ma/ "###$ 0ithout p!e9u,ice to the !i-ht of U!ban Ban= to invo=e pa/.ent of this su. un,e! a !i-ht of set*off a-ainst the a.ount of PhP%;$&&&$&&& that has been place, in

esc!o0 fo! the benefit of Isabela Su-a! Co.pan/$ Inc' +he Co.plaint a-ainst the ei-ht othe! in,ivi,ual petitione!s$ na.el/ +eo,o!o Bo!lon-an 2U3$ Delfin C' Eon4ales$ H!'$ Ben9a.in F' ,e Feon$ P' Sie!vo E' Di4on$ E!ic F' Fee$ Ben J' Fi.$ H!'$ Co!a4on Be9asa$ an, A!tu!o Manuel$ H!'$ is he!eb/ DISMISSED' +he P0*'*'o!2 /o. R01'0; o! C0.*'o. .' file, b/ petitione!s U!ban Ban= 2E' R' No' "7;:"C3 an, Ben9a.in F' ,e Feon$ Delfin Eon4ale4$ H!'$ an, E!ic F' Fee 2E' R' No' "7;:%%3 a!e he!eb/ GRANTED un,e! the follo0in- con,itions1 a' U!ban Ban=$ +eo,o!o Bo!lon-an$ Delfin C' Eon4ale4$ H!'$ Ben9a.in F' ,e Feon$ P' Sie!vo >' Di4on$ E!ic F' Fee$ Ben J' Fi.$ H!'$ Co!a4on Be9asa$ an, A!tu!o Manuel$ H!'$ 2!espon,ent ban= office!s3 shall be !esto!e, to full o0ne!ship an, possession of all p!ope!ties e(ecute, pen,in- appeal8 b' If the p!ope!t/ levie, o! -a!nishe, has been sol, on e(ecution pen,in- appeal an, Att/' Ma-,aleno Pe6a is the 0innin- bi,,e! o! pu!chase!$ he .ust full/ !esto!e the p!ope!t/ to U!ban Ban= o! !espon,ent ban= office!s$ an, if actual !estitution of the p!ope!t/ is i.possible$ then he shall pa/ the full value of the p!ope!t/ at the ti.e of its sei4u!e$ 0ith inte!est8 c' If the p!ope!t/ levie, o! -a!nishe, has been sol, to a thi!, pa!t/ pu!chase! at the public auction$ an, *'*(0 *o *&0 5.o50.*3 & 2 !o* 700! 1 ('"(3 !" *'40(3 *. !2/0..0" *o *&0 ! 40 o/ *&0 *&'." 5 .*3 $ the o0ne!ship an, possession of the p!ope!t/ shall be !etu!ne, to U!ban Ban= o! !espon,ent ban= office!s$ sub9ect to the thi!, pa!t/5s !i-ht to clai. !estitution fo! the pu!chase p!ice pai, at the e(ecution sale a-ainst the 9u,-.ent c!e,ito!8 ,' If the pu!chase! at the public auction is a thi!, pa!t/$ an, *'*(0 *o *&0 5.o50.*3 & 2 (.0 "3 700! 1 ('"(3 !" *'40(3 *. !2/0..0" *o *&0 ! 40 o/ *& * 5 .*3 $ Att/' Pe6a .ust pa/ U!ban Ban= o!

!espon,ent ban= office!s the a.ount !eali4e, f!o. the she!iff5s sale of that p!ope!t/$ 0ith inte!est f!o. the ti.e the p!ope!t/ 0as sei4e,' +he O.nibus Motion ,ate, &# Dece.be! %&&% file, b/ Att/' Pe6a an, Motion fo! Reconsi,e!ation ,ate, "& Dece.be! %&&% file, b/ Uni.e-a 0ith !espect to the Cou!t5s O!,e! ,ate, "< Nove.be! %&&% is he!eb/ DENIED' +he Office of the Cou!t A,.inist!ato! is o!,e!e, to con,uct an investi-ation into the possible a,.inist!ative liabilities of Att/' Hosephine Mutia*>a-a,$ the then R+C*Ba-o Cit/5s Cle!= of Cou!t$ an, Allan D' Silla,o!$ the then Deput/ She!iff of Ba-o Cit/$ fo! the i!!e-ula!ities atten,in- the e(ecution pen,in- appeal in this case$ inclu,in- all 9u,icial office!s o! she!iffs in the va!ious places in 0hich e(ecution 0as i.ple.ente,$ an, to sub.it a !epo!t the!eon 0ithin "%& ,a/s f!o. !eceipt of this Decision'

+he Office of the Cou!t A,.inist!ato! is also ,i!ecte, to .a=e !eco..en,ations fo! the p!evention of abuses of 9u,icial p!ocesses in !elation to e(ecutions$ especiall/ those pen,in- appeal$ 0hethe! th!u a,.inist!ative ci!cula!s f!o. this Cou!t o! th!u a !evision of the Rules of Cou!t$ 0ithin <& ,a/s f!o. sub.ission of the !epo!t on a,.inist!ative liabilities a,ve!te, to above' Fet a cop/ of the Cou!t5s Decision in this case be sent to the Office of the Cou!t A,.inist!ato!' +he P!esi,in- Hu,-e of R+C Ba-o Cit/ shall .a=e a full !epo!t on all inci,ents !elate, to the e(ecution in this case$ inclu,in- all !etu!ns on the 0!it of e(ecution he!ein' Because so .uch suspicious ci!cu.stances have atten,e, the e(ecution in this case b/ the Re-ional +!ial Cou!t of Ba-o Cit/$ the p!ocee,in-s 0ith !espect to an/ !estitution ,ue an, o0in- un,e! the ci!cu.stances shall be t!ansfe!!e, to the Re-ional +!ial Cou!t in the National Capital Re-ion$ Ma=ati Cit/$ a cou!t 0ith venue to hea! cases involvin- U!ban Ban=PE(po!t an, In,ust!/ Ban= 0hose hea,?ua!te!s is locate, in Ma=ati Cit/' +he E(ecutive Hu,-e of the Re-ional +!ial Cou!t of Ma=ati Cit/ is o!,e!e, to inclu,e the e(ecution of the Decision an, the p!ocee,in-s fo! the !estitution of the case in the ne(t available !affle' +he Re-ional +!ial Cou!t of Ma=ati Cit/$ to 0hich the case shall be !affle,$ is he!eb/ ,esi-nate, as the cou!t that 0ill full/ i.ple.ent the !esto!ative ,i!ectives of this Decision 0ith !espect to the e(ecution of the final 9u,-.ent$ !etu!n of p!ope!ties 0!on-full/ e(ecute,$ o! the pa/.ent of the value of p!ope!ties that can no lon-e! be !esto!e,$ in acco!,ance 0ith Section ;$ Rule <# of the Rules of Cou!t' +he pa!ties a!e ,i!ecte, to a,,!ess the i.ple.entation of this pa!t of the Decision to the sala to 0hich the case 0ill be !affle,' No p!onounce.ent as to costs' SO ORDERED. 6&ri& 2ourdes Sereno, J. 4rturo +rion, 6&rtin 7i..&r&m&, Jr., Jose 6endo8&, Este.& Per.&s*+ern&9e, JJ., concur.

READ CASE DIGEST HERE.

Foo*!o*02
V

A,,itional .e.be! vice H' Antonio +' Ca!pio pe! Raffle ,ate, C Hune %&"&'

VV

A,,itional .e.be! vice H' Bienveni,o F' Re/es pe! Raffle ,ate, "C Octobe! %&""' A,,itional .e.be! vice H' Hose P' Pe!e4 pe! S'O' No' """7' +he actual ceilin- a.ount fo! the levie,$ -a!nishe, o! e(ecute, p!ope!ties pen,in- appeal is unce!tain

VVV

"

because of the ,ea!th of !eco!,s' It see.s that the fi-u!e coul, tu!n out to be ve!/ hi-h$ consi,e!in- that the enti!e U!ban Ban= Pla4a locate, in Sen' Eil Pu/at Avenue$ co!ne! Chino Roces Avenue$ Ma=ati Cit/ in the na.e of U!ban Ban= 0as app!aise, at a value of PhP%$:<&$;;#$&&& as of "D Ap!il %&&%' Since :; of the "D& o! al.ost half of the con,o.iniu. units of U!ban Ban= Pla4a 0e!e levie,$ it is !easonable to assu.e that .o!e than PhP"'7 Billion 0o!th of ban= p!ope!ties 0e!e sub9ect of e(ecution pen,in- appeal' 2App!aisal Repo!t as of "D Ap!il %&&% of the Cue!vo App!aise!s8 !ollo NE' R' No' "7;:"CO$ ol' %$ at "<#D* "7%<3
%

Repo!t of In,epen,ent Public Accountants ,ate, %; Keb!ua!/ %&&& b/ the S/cip Eo!!es W

ela/o$ Co'

2http1PP000'u!banban='infoPu!ban0ebPubiXfinancial'ht. last visite, &C Octobe! %&""3

<

I,' U!ban Ban= is a petitione! in E' R' No' "7;:"C8 0hile it is a !espon,ent in E' R' No' "D%;D%' U!ban Ban= 0as place, un,e! !eceive!ship b/ the Philippine Deposit Insu!ance Co!po!ation 2PDIC3$ an,

0as eventuall/ succee,e, b/ E(po!t an, In,ust!/ Ban= 2EIB3$ afte! the PDIC app!ove, the ban=5s !ehabilitation plan' 2BSP Minute Resolution No' <C ,ate, "% Hul/ %&&"8 !ollo NE'R' No' "7;:"CO$ ol' "$ at :7<*:7;3
D

2"3 +eo,o!o Bo!lon-an$ 2%3 Delfin C' Eon4ales$ H!'$ 2<3 Ben9a.in F' ,e Feon$ 273 P' Sie!vo >' Di4on$ 2;3

E!ic F' Fee$ 2D3 Ben +' Fi.$ H!'$ 2C3 Co!a4on Be9asa$ an, 2:3 A!tu!o Manuel$ H!'
C

Att/' Pe6a is the !espon,ents in both the Petitions ,oc=ete, as E' R' Nos' "7;:"C an, "7;:%%$ 0hile he

is the petitione! in the Petition ,oc=ete, as E' R' No' "D%;D%'

:

Re-ional +!ial Cou!t 2R+C3 ) Ba-o Cit/ Decision ,ate, %: Ma/ "###$ at %8 !ollo 2E' R' No' "D%;D%3$ ol'

"$ at ;&D'
#

+he :$D%# s?ua!e .ete! pa!cel of lan, hoste, 0hat 0as then =no0n as the Pasa/ Inte!national Koo,

an, Ka!ao=e Club Co.poun,$ 0hich is alon- Ro(as Bouleva!,' 2E(hibit IK$M R+C !eco!,s$ ol' <$ at ;:<3
"&

+he Pasa/ p!ope!t/ 0as cove!e, b/ +!ansfe! Ce!tificate of +itle 2+C+3 No' +*;<:%$ un,e! the na.e of

ISCI' 2R+C Decision ,ate, %: Ma/ "###$ at "8 !ollo NE' R' No' "7;:"CO$ ol' "$ at C:3
""

+he Pasa/ p!ope!t/ 0as lease, to M!' E!nesto P' Ochoa f!o. %# Nove.be! "#:7 to %# Nove.be!

"##7' 2Cont!act of Fease ,ate, %# Nove.be! "#:78 !ollo NE'R' No' "D%;D%O$ ol' "$ at %C:*%:&3
"%

ISCI Co.plaint ,ate, &: Dece.be! "##7$ pa!' ;$ at <' 2E(hibit IE*%$M R+C !eco!,s$ ol' <$ at ;C73 MSUBFEASE PRO>IBI+ED' +hat as ,istin-uishe, f!o. FESSEE5s NM!' OchoaO !ent*out ope!ations

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above*.entione,$ the FESSEE NM!' OchoaO shall not assi-n$ ce,e o! conve/ this lease$ no! un,e!ta=e to

sub*lease the 0hole o! substantiall/ all of the lease p!e.ises NPasa/ p!ope!t/O to an/ sin-le thi!, pa!t/$ 0ithout the FESSOR5s NISCI5sO consent in 0!itin-8 QM 2Cont!act of Fease ,ate, %# Nove.be! "#:7$ pa!' ; at %8 !ollo NE'R' No' "D%;D%O$ ol' "$ at %C#3
"7

R+C Decision ,ate, %: Ma/ "###$ at "8 !ollo 2E' R' No' "D%;D%3$ ol' "$ at ;&;' MBein- the P!esi,ent$ I fin, it p!ope! to info!. /ou about the non*!ene0al of the lease bet0een /ou as

";

lessee an, ou! co.pan/ as lesso! ove! the co.pan/5s p!ope!t/ situate, at Pasa/ Cit/$ 0hen the lease e(pi!es on Nove.be! %#$ instant'M 2ISCI5s Fette! ,ate, &7 Keb!ua!/ "##78 !ollo NE' R' No' "D%;D%O$ ol' "$ at %:<3
"D

M@e 0oul, also li=e to ta=e this oppo!tunit/ to info!. /ou an, the othe! establish.ents that /ou

!ep!esent that the lease cont!act of M!' Ochoa on sai, p!ope!t/ NPasa/ p!ope!t/O 0ill e(pi!e on Nove.be! %#$ "##7' It .a/ even be te!.inate, ea!lie! because of continue, violations of an, non*co.pliance 0ith the te!.s an, con,itions of the cont!act' +he!eafte!$ 0e 0ill !ecove! possession of the p!ope!t/ an, all i.p!ove.ents the!eon shall belon- to ou! co.pan/ NISCIO'M 2ISCI5s Fette! ,ate, <" Ma/ "##78 !ollo NE' R' No' "D%;D%O$ ol' "$ at %:;3
"C

ISCI Co.plaint ,ate, &: Dece.be! "##7$ pa!' D$ at <' 2E(hibit IE*%$M R+C !eco!,s$ ol' <$ at ;C73 MBOARD RESOFU+ION No' &&< Se!ies of "##7' BE I+ RESOF ES$ AS I+ IS >EREBJ RESOF ED

":

that the !eception of offe!s to bu/ the Pasa/ p!ope!t/ be cent!ali4e, an, the P!esi,ent be e.po0e!e, an, autho!i4e, to !eceive$ !evie0$ a,.it an, anal/4e all offe!s fo! the pu!chase of the Ro(as Bouleva!, p!ope!t/$ .o!e specificall/ Fot No' %%;" cove!e, b/ +C+ No' +*;<:%$ consistin- of an a!ea of :$D%# s?ua!e .ete!s$ .o!e o! less'M 2ISCI5s Sec!eta!/5s Ce!tificate ,ate, &7 Keb!ua!/ "##78 !ollo NE' R' No' "D%;D%O$ ol' "$ at %:73
"#

Cont!act to Sell ,ate, "; Nove.be! "##7' 2E(hibit I"D$M R+C !eco!,s N ol' 7O at :7D*:7#3 I,' I,' R+C Decision ,ate, %: Ma/ "###$ at %8 !ollo 2E' R' No' "D%;D%3$ ol' "$ at ;&D' R+C Decision ,ate, %: Ma/ "###$ at :8 !ollo 2E' R' No' "D%;D%3$ ol' "$ at ;"%3' See also ISCI5s lette!

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,ate, <" Ma/ "##78 !ollo 2E' R' No' "D%;D%3$ ol' "$ at %:;'
%7

ISCI5s fa( lette! ,ate, %D Nove.be! "##78 E(hibit I<$M R+C !eco!,s$ ol' 7$ at :"&' Dee, of Absolute Sale ,ate, %# Nove.be! "##78 E(hibit ID*EM to ID*I$M R+C !eco!,s$ ol' 7$ at :"C*:"#' Dee, of Absolute Sale ,ate, %# Nove.be! "##78 E(hibit ID*EM to ID*I$M R+C !eco!,s$ ol' 7$ at :"C*:"#' +C+ No' "<77;" in the na.e of petitione! U!ban Ban= ,ate, &; Dece.be! "##78 E(hibit IA$M R+C

%;

%D

%C

!eco!,s$ ol' <$ at ;D7*;DC'

%:

ISCI Co.plaint ,ate, &: Dece.be! "##7$ pa!' C$ at <8 E(hibit IE*%$M R+C !eco!,s$ ol'<$ at ;C7'

%#

R+C Decision ,ate, %: Ma/ "###$ at "8 !ollo 2E' R' No' "D%;D%3$ ol' "$ at ;&;' R+C Decision ,ate, %: Ma/ "###$ at %8 !ollo 2E' R' No' "D%;D%3$ ol' "$ at ;&D' I,' Pe6a alle-e,l/ pai, PhPD7"$;7C'7" to the Pe!. Secu!it/ an, Investi-ation A-enc/$ Inc'$ fo! secu!it/

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se!vices !en,e!e, in -ua!,in- the Pasa/ p!ope!t/ f!o. <& Nove.be! "##7 to <" Ma!ch "##;' 2Fette! an, Ce!tification both ,ate, "# Nove.be! "##C8 E(hibits IAAM an, IAA*"$M R+C !eco!,s$ ol' <$ at C;;*C;D3'
<<

M+he scena!io continue, fo! ,a/s 0hen the -ates 0oul, be close, in the .o!nin- an, 0oul, be fo!ce,

open in the evenin- b/ the ope!ato!s of the ni-ht spots const!ucte, on the sub9ect p!ope!t/'M 2R+C Decision ,ate, %: Ma/ "###$ at %8 !ollo NE' R' No' "D%;D%O$ ol' "$ at ;&D3
<7

ISCI5s Co.plaint ,ate, &: Dece.be! "##7$ pa!' "&$ at 7' 2E(hibit IE*<$M R+C !eco!,s$ ol' <$ at ;C;3 MAtt/' Ma-,aleno M' Pe6a$ 0ho has been assi-ne, b/ Isabela Su-a! Co.pan/$ Inc'$ to ta=e cha!-e of

<;

inspectin- the tenants 0oul, li=e to !e?uest an autho!it/ si.ila! to this f!o. the Ban= Npetitione! U!ban Ban=O$ as ne0 o0ne!s' Can /ou please issue so.ethin- li=e this to,a/ as he nee,s this'M 2ISCI5s lette! ,ate, &C Dece.be! "##78 E(hibit I"$M R+C !eco!,s$ ol' 7$ at :&:3
<D

MDea! M!' Bo!lon-an$ I 0oul, li=e to !e?uest fo! an autho!i4ation f!o. U!ban Ban= as pe! attache,

i..e,iatel/ ) as the tenants a!e ?uestionin- the autho!it/ of the people the!e 0ho a!e helpin- us to ta=e ove! possession of the p!ope!t/' 2S-,'3 MARIFJN E' ONEM 2ISCI5s fa( lette! ,ate, &# Dece.be! "##78 E(hibit I%$M R+C !eco!,s$ ol' 7$ at :&#3
<C

R+C Decision ,ate, %: Ma/ "###$ at :8 !ollo 2E' R' No' "D%;D%3$ ol' "$ at ;"%' M+his is to a,vise /ou NPe6aO that 0e Npetitione! U!ban Ban=O have note, the en-a-e.ent of /ou!

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se!vices b/ Isabela Su-a! Co.pan/ to !ecove! possession of the Ro(as Bouleva!, p!ope!t/ fo!.e!l/ cove!e, b/ +C+ No' ;<:%$ effective Nove.be! %#$ "##7' It is un,e!stoo, that /ou! se!vices have been cont!acte, b/ an, /ou! p!incipal !e.ains to be Isabela Su-a! Co.pan/$ 0hich as Selle! of the p!ope!t/ an, un,e! the te!.s of ou! Cont!act to Sell ,ate, Nove.be! %#$ "##7$ has co..itte, to ,elive! the full an, actual possession of the sai, p!ope!t/ to the bu/e!$ U!ban Ban=$ 0ithin the stipulate, pe!io,'M 2E.phasis supplie,8 petitione! U!ban Ban=5s lette! ,ate, "; Dece.be! "##78 E(hibit I7$M R+C !eco!,s$ ol' 7$ at :""3
<#

R+C Decision ,ate, %: Ma/ "###$ at :8 !ollo 2E' R' No' "D%;D%3$ ol' "$ at ;"%' R+C Decision ,ate, %: Ma/ "###$ at %8 !ollo 2E' R' No' "D%;D%3$ ol' "$ at ;&D' ISCI5s Co.plaint ,ate, &: Dece.be! "##78 E(hibit IEM to IE*D$M R+C !eco!,s$ ol'<$ at ;C%*;C:' ISCI5s Co.plaint fo! in9unction 0as ,oc=ete, as Civil Case No' #7*"%C;' 2I,'3 M@>EREKORE$ to p!event the .ain cause of action o! p!incipal !elief sou-ht b/ plaintiff 2ISCI3 f!o.

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beco.in- .oot an, aca,e.ic$ the pa!ties he!ein a!e ,i!ecte, to .aintain the status ?uo .o!e

specificall/$ !est!ainin- ,efen,ants 2tenants3 an, all pe!sons actin- in thei! behaves 2sic3$ f!o. ha!assinan, th!eatenin- plaintiff5s pe!sonnel an, f!o. fo!cefull/ an, unla0full/ inte!fe!in- 0ith plaintiff5s possession of the p!ope!t/ until fu!the! o!,e!s f!o. this Cou!t' QM 2R+C O!,e! ,ate, "< Dece.be! "##7 in Civil Case No' #7*"%C;8 E(hibit IE*CR to IE*C*c$M R+C !eco!,s$ ol' <$ at ;C#*;:%3
77

M+he Re-ional +!ial Cou!t of Pasa/ Cit/ issue, a +e.po!a!/ Rest!ainin- O!,e! in favo! of plaintiff on

Dece.be! "<$ "##7 an, 0as i.ple.ente, on Dece.be! "C$ "##7'M 2R+C Decision ,ate, %: Ma/ "###$ at <8 !ollo NE' R' No' "D%;D%O$ ol' "$ at ;&C3
7;

+itle to the Pasa/ p!ope!t/ 2+C+ No' "<77;"3 0as issue, on &; Dece.be! "##7$ 0hich 0as fou! ,a/s

befo!e the Ki!st In9unction Co.plaint 0as file, 0ith the R+C Pasa/ Cit/ on &# Dece.be! "##7'
7D

+his is acco!,in- to the Decision of R+C*Ba-o Cit/' 2R+C Decision ,ate, %: Ma/ "###$ at <8 !ollo NE R'

No' "D%;D%O$ ol' "$ at ;&C3 +he !eco!,s of the case in R+C*Pasa/ cit/ a!e NO+ 0ith the Cou!t$ as none of the issues !aise, the!ein a!e befo!e Us'
7C

Pe6a5s Petition fo! Revie0 ,ate, %< Ap!il %&&7$ at D8 !ollo 2E' R' No' "D%;D%3$ ol' "$ at "<' R+C Decision ,ate, %: Ma/ "###$ at <8 !ollo 2E' R' No' "D%;D%3$ ol' "$ at ;&C' R+C Decision ,ate, %: Ma/ "###$ at <*78 !ollo 2E' R' No' "D%;D%3$ ol' "$ at ;&C*;&:' R+C Decision ,ate, %: Ma/ "###$ at 78 !ollo 2E' R' No' "D%;D%3$ ol' "$ at ;&:' R+C Decision ,ate, %: Ma/ "###$ at 7*;8 !ollo 2E' R' No' "D%;D%3$ ol' "$ at ;&:*;&#' Petitione! U!ban Ban=5s Fette! ,ate, "# Dece.be! "##78 E(hibit IB$M R+C !eco!,s$ ol'<$ at ;D:' ISCI5s Fette! ,ate, "# Dece.be! "##7 si-ne, b/ >e!.an Ponce an, Hulie Aba,8 E(hibit I;$M R+C

7:

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;%

;<

!eco!,s$ ol' 7$ at :"%'

;7

ISCI5s U!-ent E(*pa!te MotionPNotice to Dis.iss ,ate, %" Dece.be! "##78 E(hibit IIM to II*%$M R+C

!eco!,s$ ol' <$ at ;:D*;::'

;;

R+C Decision ,ate, %: Ma/ "###$ at D8 !ollo 2E' R' No' "D%;D%3$ ol' I at ;"&' Petitione! U!ban Ban=5s Co.plaint ,ate, &7 Hanua!/ "##;8 E(hibit IHM to IH*D$M R+C !eco!,s$ ol' <$ at

;D

;:#*;#;'
;C

Petitione! U!ban Ban=5s Co.plaint 0as ,oc=ete, as Civil Case No' #;*&%#' R+C*Ma=ati Cit/5s O!,e! ,ate, &D Hanua!/ "##;8 E(hibit IK$M R+C !eco!,s$ ol' <$ at ;##' R+C Decision ,ate, %: Ma/ "###$ at D8 !ollo 2E' R' No' "D%;D%3$ ol' "$ at ;"&' I,' Receipt ,ate, %: Ap!il "##; issue, b/ Att/' Noel B' Mala/a f!o. Pe6a fo! the a.ount of PhP"$;&&$&&&8

;:

;#

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E(hibit IBB$M R+C !eco!,s$ ol' < at C;C'

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+he PhP<$&&&$&&& loan of M!' Robe!to I-nacio to Pe6a is cove!e, b/ th!ee P!o.isso!/ Notes ,ate, <&

Nove.be! "##7$ %& Dece.be! "##7 an, %C Ap!il "##; fo! PhP"$&&&$&&& each' +he th!ee loans 0e!e all

,ue on <& Ma/ "##; 0ith an e(p!ess stipulation of five pe!cent 2;A3 inte!est fo! eve!/ .onth of ,ela/' 2Rollo NE' R' No' "7;:"CO$ ol' "$ at %:D*%::3
D<

M!' I-nacio5s Co.plaint ,ate, &< Ap!il "### 2Civil Case No' ##*#<#;%38 !ollo 2E' R' No' "7;:"C3$ ol' "$

at %:"*%:;'
D7

Pe6a5s lette! ,ate, &C Keb!ua!/ "##; to petitione! U!ban Ban=8 E(hibit IC$M R+C !eco!,s$ ol' <$ at ;D#' R+C Decision ,ate, %: Ma/ "###$ at D*C8 !ollo 2E' R' No' "D%;D%3$ ol' "$ at ;"&*;""' Pe6a5s lette! ,ate, %7 Hanua!/ "##D8 E(hibit ID$M R+C !eco!,s$ ol' <$ at ;C&' Pe6a5s Co.plaint ,ate, %: Keb!ua!/ "##D8 R+C !eco!,s$ ol' " at "*D' CA A.en,e, Decision ,ate, ": Au-ust %&&&$ at %8 !ollo 2E' R' No' "7;:"C3$ ol' "$ at ""' At the ti.e the co.plaint 0as file, in "##D$ the eleven .e.be!s of the Boa!, of Di!ecto!s of U!ban

D;

DD

DC

D:

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Ban= inclu,e,1 2"3 +eo,o!o C' Bo!lon-an8 2%3 Ben9a.in F' ,e Feon8 2<3 Clau,io R' ,e Fu4u!ia-a$ H!'8 273 P' Sie!vo >' Di4on8 2;3 K!ancisco C' Ei4.en,i$ H!'$ 2D3 Delfin C' Eon4ale4$ H!'8 2C3 Noel A' Fa.an8 2:3 E!ic F' Fee8 2#3 Ben +' Fi. S!'8 2"&3 Hose P' Ma-no$ H!'$ 2""3 Ca!los C' Salinas' 2U!ban Ban= Fist of Me.be!s of the Boa!, of Di!ecto!s fo! Jea! En,in- "##;8 !ollo 2E' R' No' "D%;D%3$ ol' "$ at :7&3
C&

Co..ent ,ate, <& Ma!ch %&&; of Ben J' Fi.$ H!'$ an, P' Sie!vo >' Di4on8 !ollo 2E' R' No' "D%;D%3$ ol' "$ at :&7*:"C'

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Petitione!s5 Ans0e! 0ith Co.pulso!/ Counte!clai. ,ate, %: Octobe! "##D8 !ollo 2E' R' No' "7;:"C3$ ol' "$ at %7;*%;%'

C%

+he Decision of the R+C*Ba-o Cit/ 0as then !en,e!e, b/ Hu,-e E,-a!,o F' Catilo' R+C Decision ,ate, %: Ma/ "###$ at %78 !ollo 2E' R' No' "7;:"C 3$ ol' "$ at "&"' Notice of Appeal ,ate, "; Hune "###8 R+C !eco!,s$ ol' ;$ at "&"D' R+C O!,e! ,ate, %< Hune "###8 R+C !eco!,s$ ol' ;$ at "&%%' +he appeal 0as ,oc=ete, in the Cou!t of Appeals as CA*E' R' C No' D;C;D' B!ief fo! Defen,ant*Appellant U!ban Ban=$ Inc'$ ,ate, %; Hanua!/ %&&%8 CA !ollo 2CA*E'R' C No'

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C7

C;

CD

CC

D;C;D3$ ol' "$ at ""&*"C;'

C:

+he Sin-son al,e4 W Associates Fa0 Office ente!e, its appea!ance fo! petitione! U!ban Ban=' 2Notice No' D;C;DO$ ol' "$ at ;C*;#3 Althou-h

of Appea!ance ,ate, &C Nove.be! %&&"8 CA !ollo NCA*E'R' C

petitione! U!ban Ban=5s p!evious counsel$ the Pobla,o! Bautista W Re/es Fa0 Office$ 0ith,!e0 its appea!ance$ it !e.aine, as counsel fo! the othe! in,ivi,ual petitione!s' 2@ith,!a0al of Appea!ance ,ate, &C Au-ust %&&"8 CA !ollo NCA*E'R' C No' D;C;DO$ ol' "$ at <D*<C3'
C#

+he De Feon E!oup 0as !ep!esente, b/ the Abello Concepcion Re-ala W C!u4 Fa0 Office' De Feon E!oup5s Appellants5 B!ief ,ate, %: Hanua!/ %&&%8 CA !ollo 2CA*E'R' C No' D;C;D3$ ol' %$ at

:&

"CC*<"%'

:"

+he Pobla,o! Bautista W Re/es Fa0 Office initiall/ !ep!esente, petitione! Bo!lon-an E!oup$ but 0as

!eplace, b/ the Chato Elea4a! Fa-.a/ W A!!e4a Fa0 Office' 2Ent!/ of Appea!ance ,ate, &; Ma/ %&&<8 CA !ollo$ NCA*E'R' C No' D;C;DO$ ol' %$ at "%&"*"%&<3 >o0eve!$ Ben9a.in J' Fi. an, P' Sie!vo >'

Di4on 2the Fi. E!oup3 !etaine, the Pobla,o! Bautista W Re/es Fa0 Office' 2@ith,!a0al of Appea!ance ,ate, "; Hanua!/ %&&<8 CA !ollo NCA*E'R' C No' D;C;DO$ ol' %$ at ""D7*""DD3
:%

Petitione! Bo!lon-an E!oup5s B!ief fo! Appellants ,ate, ": Ap!il %&&%8 CA !ollo 2CA*E'R' C

No'

D;C;D3$ ol' %$ at DC;*C<;'

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Pe6a5s Appellee5s B!ief ,ate, &C Septe.be! %&&%8 CA !ollo 2CA*E'R' C

No' D;C;D3$

ol' %$ at :#%*

#C%'
:7

In a sepa!ate o!i-inal petition un,e! Rule C"$ Pe6a also as=e, that U!ban Ban= an, the in,ivi,ual

office!s an, ,i!ecto!s as 0ell as thei! counsel be cite, fo! in,i!ect conte.pt fo!$ a.on- othe!s$ 0ithhol,in.ate!ial info!.ation f!o. the appellate cou!t as 0ell as fo! .is!ep!esentin- the appea!ance of 0itnesses in the p!ocee,in-s belo0' 2Petition ,ate, &; Septe.be! %&&%8 CA !ollo NCA*E'R' SP No' C%D#:O$ ol' "$

at %*"73 +his petition fo! in,i!ect conte.pt 0as late! consoli,ate, 0ith the appeal of the .ain case' 2CA Resolution ,ate, %; Nove.be! %&&%8 CA !ollo NCA*E'R' SP No' C%D#:O$ ol' "$ at %#;3
:;

+he Cou!t of Appeals5 Si(th Division 0as then co.pose, of CA Hustices Delilah i,allon*Ma-tolis$ Hose

F' Sabio$ H!'$ 2ponente3 an, >a=i. S' Ab,ul0ahi,'

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+he ,ates of the t!ial cou!t5s o!,e!s appea!in- in the ,ispositive po!tion 0e!e late! co!!ecte, b/ the CA

an, no0 !ea,s Ithe Ma/ %:$ "### Decision an, the Octobe! %#$ %&&& Special O!,e!'M 2CA Resolution ,ate, &: Ma!ch %&&7$ at %8 !ollo NE' R' No' "D%;D%O$ ol' "$ at :&3
:C

CA Decision 2CA ER SP No' C%D#: W C

No' D;C;D3 ,ate, &D Nove.be! %&&<8 !ollo 2E'R' No'

"D%;D%3$ ol' "$ at :%*"""'

::

Pe6a5s Motion fo! Reconsi,e!ation ,ate, &7 Dece.be! %&&<8 !ollo 2E' R' No' "D%;D%3$

ol' "$ at ;<<*

;D;'
:#

CA Resolution 2CA ER SP No' C%D#: W C NO' D;C;D3 ,ate, &: Ma!ch %&&78 !ollo 2E'R' No' "D%;D%3$ ol' "$ at C#*:&'

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Notice of Appeal ,ate, "; Hune "###8 R+C !eco!,s 2 ol' 3 at "&"D' Pe6a5s Motion fo! E(ecution ,ate, &C Hune "###8 !ollo 2E' R' No' "7;:"C3$ ol' "$ at %CC*%C#8 see

#"

Pe6a5s Me.o!an,u. ,ate, "< Octobe! "###8 !ollo 2E' R' No' "7;:%%3$ ol' "$ at <C"*<CD'
#%

R+C Decision ,ate, %: Ma/ "###$ at %78 !ollo 2E' R' No' "7;:"C 3$ ol' "$ at "&"' PhP %7$&&&$&&& 2co.pensation3 U PhP<$&&&$&&& 2!ei.bu!se.ent3 U PhP"$&&&$&&& 2atto!ne/5s fees3 U

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PhP;&&$&&& 2e(e.pla!/ ,a.a-es3 Y PhP%:$;&&$&&& 2e(clu,in- costs of suit3

#7

+he Co.plaint file, a-ainst Pe6a 0as a civil action fo! collection of PhP<$;&&$&&& an, PhP"&&$&&&

atto!ne/5s fees$ 0hich 0as file, b/ M!' Robe!to R' I-nacio an, 0as ,oc=ete, as Civil Case No' ##*#<#;% 0ith the Re-ional +!ial Cou!t of Manila' 2Co.plaint ,ate, &< Ap!il "###8 !ollo NE' R' No' "7;:%%O$ at %"<*%"C3
#;

ol' "$

M7' Plaintiff has been unable to pa/ his loan p!ecisel/ because ,efen,ants have not pai, hi. his fees'

Since' M!' I-nacio has been a lon- ti.e f!ien, of his$ he has been -!ante, seve!al e(tensions but on 7 Hune "###$ plaintiff !eceive, a su..ons issue, b/ the Re-ional +!ial Cou!t of Manila$ B!anch "D fo! a collection case file, Nb/O sai, M!' I-nacio' Q ID' Q It is i.pe!ative the!efo!e that this >ono!able Cou!t5s Decision be e(ecute, i..e,iatel/ so that he coul, settle the obli-ation 0hich he 0oul, not have cont!acte, ha, ,efen,ants not en-a-e, his se!vices'M 2Pe6a5s Motion fo! E(ecution ,ate, &C Hune "###$ at %8 !ollo NE' R' No' "7;:"CO$ ol' "$ at %C:3
#D

Petitione! U!ban Ban=5s Opposition 2to Motion fo! E(ecution3 ,ate, "; Hune "###8 !ollo 2E' R' No'

"7;:"C3$ ol' "$ at %:#*<&&8 see Petitione! U!ban Ban=5s Me.o!an,u. ,ate, "% Octobe! "###8 !ollo 2E' R' No' "7;:%%3$ ol' "$ at <&#*<<"'
#C

Petitione! U!ban Ban= ha, ea!lie! .ove, fo! the volunta!/ inhibition of Hu,-e Catilo' 2Petitione! U!ban olunta!/ Inhibition b/ the P!esi,in- Hu,-e ,ate, "; Hune "###8 !ollo NE'R' No'

Ban=5s Motion fo!

"7;:"CO$ ol' "$ at <&"*<&D3

#:

R+C Special O!,e! ,ate, %# Octobe! "###8 !ollo 2E'R' No' "7;:"C3$ ol' "$ at ::&*::#' @!it of E(ecution ,ate, %: Ma/ "###8 !ollo 2E' R' No' "7;:%%3$ ol' "$ at ";%*";7' +he t!ial cou!t5s Special O!,e! an, @!it of E(ecution 0e!e the sub9ects of a Rule D; Petition file, b/

##

"&&

U!ban Ban= 0ith the CA$ an, late! ,oc=ete, as CA*E' R' SP No' ;;DDC' 2U!ban Ban=5s Petition fo! Ce!tio!a!i an, P!ohibition ,ate, %# Nove.be! "###8 !ollo NE' R' No' "7;:"CO$ ol' "$ at <&C*<7;3
"&"

Petitione! U!ban Ban= 0as !ep!esente, in this Rule D; Petition b/ the Pobla,o! Bautista W Re/es Fa0

Offices'
"&%

Respon,ent Pena5s Petition fo! Ce!tio!a!i an, P!ohibition 0ith Application fo! +e.po!a!/ Rest!aininol' "$ at

O!,e! an, @!it of P!eli.ina!/ In9unction ,ate, &7 Nove.be! "###8 !ollo 2E' R' No' "7;:"C3$ <&C*<<:'
"&<

CA Resolution ,ate, &# Nove.be! "###' CA +0elfth Division co.pose, of Hustices Eo,a!,o A' Hacinto$ Ma!ina ' Bu4on 2ponente3 an,

"&7

E,-a!,o P' C!u4'

"&;

CA Decision ,ate, "% Hanua!/ %&&&8 !ollo 2E' R' No' "7;:"C3$ ol' "$ at <7D*<;:' Pe6a5s Motion fo! Reconsi,e!ation ,ate, &% Keb!ua!/ %&&&8 !ollo 2E' R' No' "7;:"C3$ ol' "$ at <;#*

"&D

<:&'

"&C

Petitione!s5 Co..entPOpposition ,ate, "7 Ap!il %&&&8 !ollo 2E' R' No' "7;:"C3$ ol' "$ at <:"*7&"' +he Ban-=o Sent!al n- Pilipinas 2BSP3 issue, Moneta!/ Boa!, Resolution No' %% placin- petitione!

"&:

U!ban Ban= un,e! !eceive!ship of the Philippine Deposit Insu!ance Co!po!ation 2PDIC3$ consi,e!in- that the ban= 0as suffe!in- f!o. illi?ui,it/ an, its capital 0as ,eficient' 2Minutes of Boa!, Resolution No' %% ,ate, %D Ap!il %&&&8 !ollo NE' R' No' "7;:"CO$ ol' "$ at %<%3
"&#

CA Ko!.e! Special +0elfth Division$ Hustices Eo,a!,o A' Hacinto$ Robe!to A' Ba!!ios an, E,-a!,o P'

C!u4 2ponente3'
""&

+his CA A.en,e, Decision is the sub9ect of petitione! U!ban Ban=5s Rule 7; Petition in E' R' No'

"7;:"C' 2Rollo NE' R' No' "7;:"CO$ ol' "$ at "&*%"3'

"""

MIn the instant case$ althou-h petitione! Ban=5s i..inent insolvenc/ .a/ not have been consi,e!e, b/

the cou!t a ?uo in allo0in- i..e,iate e(ecution$ such -!oun,$ 0hich has in the .eanti.e a!isen$ .a/ be !elie, upon b/ this Cou!t in ,eci,in- the p!op!iet/ of the e(ecution pen,in- appeal'M 2CA A.en,e, Decision ,ate, ": Au-ust %&&&$ at :8 !ollo 2E' R' No' "7;:"C3$ ol' "$ at "C3
""%

Petitione!s5 Motion fo! Reconsi,e!ation ,ate, %# Au-ust %&&&8 !ollo 2E' R' No' "7;:"C3$ ol' "$ at 7&%*

7"#'
""<

Petitione! De Feon E!oup5s Supple.ental Motion fo! Reconsi,e!ation ,ate, %" Septe.be! %&&& 2!ollo ol' "$ at C#"*:";3 an, Secon, Supple.ental Motion fo! Reconsi,e!ation ,ate, "" ol' "$ at :;"*:DC38 see also CA Resolution ,ate, "# Octobe!

NE' R' No' "7;:%%O$

Octobe! %&&& 2!ollo NE' R' No' "7;:%%O$

%&&&$ at " 2!ollo NE' R' No' "7;:"CO$ ol' "$ at %<3'
""7

Ben9a.in ,e Feon$ Delfin C' Eon4ales an, E!ic F Fee file, th!ee sepa!ate Supple.ental Motions fo!

Reconsi,e!ation on %% Septe.be! %&&&$ "" Octobe! %&&& an, "D Octobe! %&&&' 2CA Resolution ,ate, "# Octobe! %&&&$ at "8 !ollo NE' R' No' "7;:"CO$ ol' "$ at %<3
"";

Petitione! Fi.5s Supple.ental Motion fo! Reconsi,e!ation an, Application fo! +e.po!a!/ Rest!aininol' "$ at :":*

O!,e! an, @!it of P!eli.ina!/ In9unction ,ate, "<Octobe! %&&&8 !ollo 2E' R' No' "D%;D%3$ :%7'
""D

CA Resolution ,ate, "# Octobe! %&&& 2CA*E'R' SP No' ;;DDC38 !ollo 2E'R' No' "7;:"C3$ ol' "$ at %<*

%D'
""C

MRespon,ent Ma-,aleno M' Pe6a is ,i!ecte, to post$ 0ithin five 2;3 ,a/s f!o. notice$ an in,e.nit/ bon,

in the a.ount of P";$&&&$&&&'&& to ans0e! fo! the ,a.a-es 0hich petitione!s .a/ suffe! in case of !eve!sal on appeal of the t!ial cou!t5s ,ecision'M 2CA Resolution ,ate, "# Octobe! %&&&$ at 78 !ollo NE'R' No' "7;:"CO$ ol' "$ at %D3'
"":

Petitione! De Feon E!oup5s E( Abun,anti Cautela U!-ent Motion to Sta/ E(ecution Pen,in- Appeal

Upon Kilin- of Supe!se,eas Bon, ,ate, "# Octobe! %&&&8 !ollo 2E' R' No' "7;:%%3$ ol' "$ at :D#*:C#'

""#

+he Special Ko!.e! Special +0elfth Division 0as co.pose, of Hustices Bienveni,o F' Re/es$ Robe!to

A' Ba!!ios$ an, Pe!lita H' +!ia +i!ona 2ponente3'

"%&

CA Resolution ,ate, <" Octobe! %&&& 2CA*E'R' SP No' ;;DDC38 !ollo 2E'R' No' "7;:"C3$ ol' "$ at DD:*

DD#'
"%"

Pe6a5s U!-ent Motion fo! Reconsi,e!ation ,ate, &D Nove.be! %&&& an, Supple.ental Motion ,ate,

"< Nove.be! %&&&8 !ollo 2E' R' No' "7;:%%3$ ol' "$ at ##;*"&&:'
"%%

CA Resolution ,ate, &: Dece.be! %&&& 2CA*E'R' SP No' ;;DDC38 !ollo 2E'R' No' "7;:"C3$

ol' "$ at

DC&*DC7'
"%<

Petitione! De Feon E!oup5s Co.pliance 0ith Motion to App!ove Supe!se,eas Bon, ,ate, &:

Nove.be! %&&&8 !ollo 2E' R' No' "7;:%%3$ ol' "$ at ##&*##7'
"%7

CA Resolution ,ate, &: Dece.be! %&&& 2CA*E'R' SP No' ;;DDC38 !ollo 2E'R' No' "7;:"C3$

ol' "$ at

DC&*DC7'
"%;

Pe6a5s Co.pliance ,ate, &: Dece.be! %&&&8 !ollo 2E' R' No' "7;:%%3$

ol' "$ at "&;:*"&D&38 see

Pe6a5s Co..ent ,ate, <& Ap!il %&&"$ at "%8 !ollo 2E' R' No' "7;:"C3$ ol' "$ at ;%"'
"%D

BSP Minute Resolution No' <C ,ate, "% Hul/ %&&"8 !ollo 2E'R' No' "7;:"C3$ ol' "$ at :7<*:7;' Petitione! U!ban Ban=5s U!-ent Motion to App!ove Supe!se,eas Bon, an, to Sta/ E(ecution Pen,in-

"%C

Appeal ,ate, %% Octobe! %&&"8 !ollo 2E'R' No' "7;:"C3$ ol' "$ at DD&*DDC'
"%:

Su!et/ Bon, 2MICO Bon, No' %&&"&77;D3 ,ate, "< Septe.be! %&&"8 !ollo 2E'R' No' "7;:"C3$

ol' "$

at C7&*C7"'
"%#

Petitione! U!ban Ban=5s Co.pliance 0ith Motion to App!ove Supe!se,eas Bon, ,ate, "7 Septe.be!

%&&" in CA*E'R' SP No' ;;DDC8 !ollo 2E'R' No' "7;:"C3$ ol' "$ at DC;*C&#'
"<&

Notice of Sale on E(ecution of Pe!sonal P!ope!t/ ,ate, %C Septe.be! %&&"8 !ollo 2E'R' No' "7;:"C3$

ol' "$ at C"7'

"<"

Petitione! U!ban Ban=5s U!-ent Manifestation an, Motion ,ate, &% Octobe! %&&"8 !ollo 2E'R' No'

"7;:"C3$ ol' "$ at C"&*C"%'

"<%

CA Resolution ,ate, &; Octobe! %&&" in CA*E'R' SP No' ;;DDC8 !ollo 2E'R' No' "7;:"C3$

ol' "$ at

C";*C"D'
"<<

Notice of Sale on E(ecution of Pe!sonal P!ope!t/ ,ate, %C Septe.be! %&&"8 !ollo 2E'R' No' "7;:"C3$

ol' "$ at C"7'

"<7

Luotes f!o. EEWA Club Sha!es an, Met!olan, >ol,in-s$ Co!p'$ ,ate, &D Dece.be! "###8 !ollo 2E' R' ol' "$ at C&:' 2At p!esent$ one sha!e in +a-a/ta/ >i-hlan,s Inte!national Eolf Club is

No' "7;:%%3$

sellin- at PhP;D&$&&& Nhttp1PP000'--aclubsha!es'co.P last visite, "C Octobe! %&""O'3

"<;

Notice of Sale on E(ecution of Pe!sonal P!ope!t/ ,ate, &< Octobe! %&&"8 !ollo 2E'R' No' "7;:"C3$ ol'

"$ at C"C8 R+C O!,e!s all ,ate, "; Octobe! %&&"8 !ollo 2E' R' No' "7;:%%3$ ol' %$ at %#%<*%#%:'
"<D

Luotes f!o. EEWA Club Sha!es an, Met!olan, >ol,in-s$ Co!p'$ ,ate, &D Dece.be! "###8 !ollo 2E' R' ol' "$ at C&:' 2At p!esent$ Ma=ati Spo!ts Club Sha!es IAM an, IBM a!e no0 sellin- at

No' "7;:%%3$

P%&&$&&& an, P%<&$&&& !espectivel/ Nhttp1PP000'--aclubsha!es'co.P last visite, "C Octobe! %&""O3
"<C

+0o MSCI IAM Club Sha!es at PhPD;&$&&& each an, one MSCI IBM Club Sha!e at PhPC&&$&&&' Notice of Sale on E(ecution of Real P!ope!t/ ,ate, &< Octobe! %&&"$ cove!in- Con,o.iniu.

"<:

Ce!tificates of +itle 2CC+3 Nos' ;D&<7*<#$ ;D&;%*D#$ ;D&::*;D"7C$ an, ;D";78 !ollo 2E'R' No' "7;:"C3$ ol' "$ at C":*C<#' See Ce!tifications ,ate, %D Octobe! %&&" an, <" Octobe! %&&" attestin- to the sale of the CC+s cove!in- units in Ma=ati Cit/ !e-iste!e, un,e! the na.e of U!ban Ban=8 !ollo 2E' R' No' "7;:"C3$ ol' "$ at CD#*CC&'
"<#

Most of the con,o.iniu. units 0e!e sol, an/0he!e fo! as lo0 as PhP"&&$&&& to PhP"$&&&$&&&' +he

0hole lot of :; con,o.iniu.s units in U!ban Ban= Pla4a 0e!e sol, fo! a total of PhP%C$7&&$&&& onl/' 2cPf P!ope!ties levie, an, attache,8 !ollo NE' R' No' "7;:"CO$ ol' "$ at #CD*#:&3
"7&

+en Ce!tificates of Sale all ,ate, %; Octobe! %&&"8 !ollo 2E'R' No' "7;:"C3$ ol' "$ at "&&;*"&<;' Notice of Fev/ on E(ecution ,ate, &; Nove.be! "### an, Con,o.iniu. Ce!tificate of +itle No' ;CD#C

"7"

un,e! the na.e of U!ban Ban=8 R+C !eco!,s$ ol' ;$ at "<";*"<":'

"7%

U!ban Ban= P!ope!ties$ Anne( of U!ban Ban=5s Fette! ,ate, &# Nove.be! "###8 R+C !eco!,s$

ol' ;$

at "<"&'
"7<

Notice of Fev/ on E(ecution ,ate, &; Nove.be! "### an, Con,o.iniu. Ce!tificate of +itle No' ;CD#:

un,e! the na.e of U!ban Ban=8 R+C !eco!,s$ ol' ;$ at "<"#*"<%%'

"77

Notice of Fev/ on E(ecution ,ate, &; Nove.be! "###8 R+C !eco!,s$ ol' ;$ at "<<%*"<<<' U!ban Ban= P!ope!ties$ Anne( of U!ban Ban=5s Fette! ,ate, &# Nove.be! "###8 R+C !eco!,s$ ol' ;$

"7;

at "<"&'
"7D

Fette! ,ate, &: Nove.be! "### of Manila Polo Club8 R+C !eco!,s$

ol' ;$ at "<"%8 R+C O!,e! ,ate,

"# Dece.be! %&&&8 !ollo 2E' R' No' "7;:%%3$ ol' %$ at %;;&*%;;%'
"7C

Petitione! U!ban Ban=5s Manifestation an, Motion ,ate, %& Septe.be! %&&;$ at <*78 !ollo 2E' R' No' ol' %$ at "C%"*"C%%' See also Petitione! De Feon E!oup5s Me.o!an,u. ,ate, %& Hanua!/

"7;:"C3$

%&&7$ at ";*"D8 !ollo 2E' R' No' "7;:%%3$ ol' "$ at "%<;*"%<D' 2At p!esent$ one club sha!e in Manila Polo Club sells at PhPC Million' Nhttp1PP000'--aclubsha!es'co. last visite, "C Octobe! %&""O3
"7:

Rollo 2E' R' No' "7;:"C3$ ol' "$ at 7%%'

"7#

R+C O!,e! ,ate, <" Octobe! %&&&$ !ollo 2E' R' No' "7;:%%3$

ol' %$ at %;7%*%;7<8 R+C A.en,e,

O!,e! ,ate, "< Dece.be! %&&&8 !ollo 2E' R' No' "7;:%%3$ ol' %$ at %;7D*%;7#8 see also Fee v' +!ocino$ E' R' No' "D7D7:$ &D Au-ust %&&:$ ;D" SCRA "C:'
";&

Petitione! U!ban Ban=5s Manifestation an, Motion ,ate, %& Septe.be! %&&;$ at <*78 !ollo 2E' R' No' ol' %$ at "C%"*"C%%' See also Petitione! De Feon E!oup5s Me.o!an,u. ,ate, %& Hanua!/ ol' "$ at "%<;*"%<D' 2At p!esent$ one club sha!e in Subic Ba/

"7;:"C3$

%&&7$ at ";*"D8 !ollo 2E' R' No' "7;:%%3$

Jacht Club sells at PhP";&$&&&' Nhttp1PP000'--aclubsha!es'co. last visite, "C Octobe! %&""O3
";"

R+C O!,e! ,ate, %C Octobe! %&&&$ !ollo 2E' R' No' "7;:%%3$ ol' %$ at %;7&*7"' Luotes f!o. EEWA Club Sha!es an, Met!olan, >ol,in-s$ Co!p'$ ,ate, &D Dece.be! "###8 !ollo 2E' R' ol' "$ at C&:' 2At p!esent$ one sha!e in Ba-uio Count!/ Club is sellin- at PhPD;&$&&&

";%

No' "7;:%%3$

Nhttp1PP000'--aclubsha!es'co.P last visite, "C Octobe! %&""O'3

";<

R+C O!,e! ,ate, %C Octobe! %&&&$ !ollo 2E' R' No' "7;:%%3$ ol' %$ at %;7&*7"8 Luotes f!o. EEWA Club Sha!es an, Met!olan, >ol,in-s$ Co!p'$ ,ate, &D Dece.be! "###8 !ollo 2E' R' ol' "$ at C&:' 2At p!esent$ Ma=ati Spo!ts Club Sha!es IAM an, IBM a!e no0 sellin- at

";7

No' "7;:%%3$

P%&&$&&& an, P%<&$&&& !espectivel/ Nhttp1PP000'--aclubsha!es'co.P last visite, "C Octobe! %&""O3
";;

Co v' Silla,o!$ A' M' No' P*&C*%<7%$ <" Au-ust %&&C$ ;<" SCRA D;C' Fette! ,ate, &: Nove.be! "### of Manila Polo Club8 R+C !eco!,s$ ol' ;$ at "<"%8 R+C O!,e! ,ate,

";D

"# Dece.be! %&&&8 !ollo 2E' R' No' "7;:%%3$ !ollo 2E' R' No' "7;:%%3$ ol' %$ at %;;:*%;D"'
";C

ol' %$ at %;;&*%;;%8 R+C O!,e! ,ate, &# Ma!ch %&&"8

Petitione! U!ban Ban=5s Manifestation an, Motion ,ate, %& Septe.be! %&&;$ at <*78 !ollo 2E' R' No' ol' %$ at "C%"*"C%%' See also Petitione! De Feon E!oup5s Me.o!an,u. ,ate, %& Hanua!/

"7;:"C3$

%&&7$ at ";*"D8 !ollo 2E' R' No' "7;:%%3$ ol' "$ at "%<;*"%<D' 2At p!esent$ one club sha!e in Manila Polo Club sells at PhPC Million' Nhttp1PP000'--aclubsha!es'co. last visite, "C Octobe! %&""O3
";:

Rollo 2E' R' No' "7;:"CC3$ ol' "$ at 7%&' Notice of Sale on E(ecution of Pe!sonal P!ope!t/ ,ate, %% Septe.be! %&&&8 !ollo 2E' R' No' "7;:%%3' ol' %$ at %;%D*%;%C8 R+C

";#

ol' %$ at %;%&8 R+C O!,e! ,ate, "% Octobe! %&&&8 !ollo 2E' R' No' "7;:%%3$ O!,e! ,ate, %7 Hanua!/ %&&"8 !ollo 2E' R' No' "7;:%%3$

ol' %$ at %;;7*%;;C8 see also U!ban Ban=5s

Manifestation an, Motion ,ate, %& Septe.be! %&&;$ at 78 !ollo 2E' R' No' "7;:"C3$ ol' %$ at "C%%'
"D&

Petitione! U!ban Ban=5s Manifestation an, Motion ,ate, %& Septe.be! %&&;$ at <*78 !ollo 2E' R' No' ol' %$ at "C%"*"C%%' See also Petitione! De Feon E!oup5s Me.o!an,u. ,ate, %& Hanua!/ ol' "$ at "%<;*"%<D' 2At p!esent$ one sha!e in Ba-uio Count!/

"7;:"C3$

%&&7$ at ";*"D8 !ollo 2E' R' No' "7;:%%3$

Club is sellin- at PhPD;&$&&& Nhttp1PP000'--aclubsha!es'co.P last visite, "C Octobe! %&""O'3

"D"

Notice of Sale on E(ecution of Pe!sonal P!ope!t/ ,ate, &# Octobe! %&&&8 !ollo 2E' R' No' "7;:%%3' ol' ol' %$ at %;%:*%;%#8 see also

%$ at %;%<8 R+C O!,e! ,ate, ": Octobe! %&&&$ !ollo 2E' R' No' "7;:%%3$

U!ban Ban=5s Manifestation an, Motion ,ate, %& Septe.be! %&&;$ at 78 !ollo 2E' R' No' "7;:"C3$ ol' %$ at "C%%'
"D%

Petitione! U!ban Ban=5s Manifestation an, Motion ,ate, %& Septe.be! %&&;$ at <*78 !ollo 2E' R' No' ol' %$ at "C%"*"C%%' See also Petitione! De Feon E!oup5s Me.o!an,u. ,ate, %& Hanua!/

"7;:"C3$

%&&7$ at ";*"D8 !ollo 2E' R' No' "7;:%%3$ ol' "$ at "%<;*"%<D' 2At p!esent$ Alaban- Count!/ Club Sha!es IAM an, IBM a!e sellin- at PhP"'#; M an, PhP%'#;M$ !espectivel/ Nhttp1PP000'--aclubsha!es'co.P last visite, "C Octobe! %&""O'3
"D<

Notice of Ea!nish.ent ,ate, %# Octobe! "###8 !ollo 2E' R' No' "7;:%%3$ ol' %$ at %;C"*%;C%8 Notice of

Sale on E(ecution of Pe!sonal P!ope!t/ ,ate, %& Octobe! %&&&8 !ollo 2E' R' No' "7;:%%3$ ol' %$ at %;<#8 R+C O!,e! ,ate, <" Octobe! %&&&$ !ollo 2E' R' No' "7;:%%3$ ol' %$ at %;7%*%;7<8 R+C A.en,e, O!,e! ,ate, "< Dece.be! %&&&8 !ollo 2E' R' No' "7;:%%3$ ol' %$ at %;7D*%;7#8 see also Fee v' +!ocino$ i,'
"D7

R+C O!,e! ,ate, <" Octobe! %&&&$ !ollo 2E' R' No' "7;:%%3$ ol' %$ at %;7%*%;7<' Notice of Sale on E(ecution of Pe!sonal P!ope!t/ ,ate, %& Octobe! %&&&8 !ollo 2E' R' No' "7;:%%3' ol' ol' %$ at %;77*%;7;8 R+C

"D;

%$ at %;<#8 R+C O!,e! ,ate, <" Octobe! %&&&$ !ollo 2E' R' No' "7;:%%3$

A.en,e, O!,e! ,ate, "< Dece.be! %&&&8 !ollo 2E' R' No' "7;:%%3$ ol' %$ at %;7D*%;7#8 see also Fee v' +!ocino$ i,'
"DD

R+C O!,e! ,ate, <" Octobe! %&&&$ !ollo 2E' R' No' "7;:%%3$ ol' %$ at %;77*%;7;' Fette! ,ate, &: Nove.be! "### of Manila Polo Club8 R+C !eco!,s$ ol' ;$ at "<"%8 R+C O!,e! ,ate,

"DC

"# Dece.be! %&&&8 !ollo 2E' R' No' "7;:%%3$ !ollo 2E' R' No' "7;:%%3$ ol' %$ at %;;:*%;D"'
"D:

ol' %$ at %;;&*%;;%8 R+C O!,e! ,ate, &# Ma!ch %&&"8

Petitione! U!ban Ban=5s Manifestation an, Motion ,ate, %& Septe.be! %&&;$ at <*78 !ollo 2E' R' No' ol' %$ at "C%"*"C%%' See also Petitione! De Feon E!oup5s Me.o!an,u. ,ate, %& Hanua!/

"7;:"C3$

%&&7$ at ";*"D8 !ollo 2E' R' No' "7;:%%3$ ol' "$ at "%<;*"%<D' 2At p!esent$ one club sha!e in Manila Polo Club sells at PhPC Million' Nhttp1PP000'--aclubsha!es'co. last visite, "C Octobe! %&""O3
"D#

Rollo 2E' R' No' "7;:"C3$ ol' "$ at 7%;' Notice of Sale on E(ecution of Pe!sonal P!ope!t/ ,ate, %% Septe.be! %&&&8 !ollo 2E' R' No' "7;:%%3$

"C&

ol' %$ at %;%%8 R+C O!,e! ,ate, %C Octobe! %&&&$ !ollo 2E' R' No' "7;:%%3$ ol' %$ at %;7&*7"8 see also Petitione! U!ban Ban=5s Manifestation an, Motion ,ate, %& Septe.be! %&&;$ at <8 !ollo 2E' R' No' "7;:"C3$ ol' %$ at "C%"'

"C"

U!ban Ban=5s Manifestation an, Motion ,ate, %& Septe.be! %&&;$ at <8 !ollo 2E' R' No' "7;:"C3$

ol'

%$ at "C%"' 2At p!esent$ a Ma=ati Spo!ts Club Sha!e IAM is no0 sellin- at P%&&$&&& Nhttp1PP000'--aclubsha!es'co.P last visite, "C Octobe! %&""O3
"C%

Notice of Sale on E(ecution of Pe!sonal P!ope!t/ ,ate, %% Septe.be! %&&&8 !ollo 2E' R' No' "7;:%%3'

ol' %$ at %;%"8 R+C O!,e! ,ate, %C Octobe! %&&&8 !ollo 2E' R' No' "7;:%%3$ ol' %$ at %;7&*%;7"'
"C<

Luotes f!o. EEWA Club Sha!es an, Met!olan, >ol,in-s$ Co!p'$ ,ate, &D Dece.be! "###8 !ollo 2E' R' ol' "$ at C&:' 2At p!esent$ one sha!e in Ba-uio Count!/ Club is sellin- at PhPD;&$&&&

No' "7;:%%3$

Nhttp1PP000'--aclubsha!es'co.P last visite, "C Octobe! %&""O'3

"C7

Fette! ,ate, &: Nove.be! "### of Manila Polo Club8 R+C !eco!,s$

ol' ;$ at "<"%8 R+C O!,e! ,ate,

"# Dece.be! %&&&8 !ollo 2E' R' No' "7;:%%3$ !ollo 2E' R' No' "7;:%%3$ ol' %$ at %;;:*%;D"'
"C;

ol' %$ at %;;&*%;;%8 R+C O!,e! ,ate, &# Ma!ch %&&"8

Petitione! U!ban Ban=5s Manifestation an, Motion ,ate, %& Septe.be! %&&;$ at <*78 !ollo 2E' R' No' ol' %$ at "C%"*"C%%' See also Petitione! De Feon E!oup5s Me.o!an,u. ,ate, %& Hanua!/

"7;:"C3$

%&&7$ at ";*"D8 !ollo 2E' R' No' "7;:%%3$ ol' "$ at "%<;*"%<D' 2At p!esent$ one club sha!e in Manila Polo Club sells at PhPC Million' Nhttp1PP000'--aclubsha!es'co. last visite, "C Octobe! %&""O3
"CD

Rollo 2E' R' No' "7;:"CC3$ ol' "$ at 7%"' Notice of Sale on E(ecution of Pe!sonal P!ope!t/ ,ate, %% Septe.be! %&&&8 !ollo 2E' R' No' "7;:%%3'

"CC

ol' %$ at %;"#8 R+C O!,e! ,ate, &7 Octobe! %&&&$ !ollo 2E' R' No' "7;:%%3$ ol' %$ at %;%;8 R+C O!,e! ,ate, %& Dece.be! %&&&8 !ollo 2E' R' No' "7;:%%3$ ol' %$ at %;;<8 see also U!ban Ban=5s Manifestation an, Motion ,ate, %& Septe.be! %&&;$ at 78 !ollo 2E' R' No' "7;:"C3$ ol' %$ at "C%%'
"C:

Petitione! U!ban Ban=5s Manifestation an, Motion ,ate, %& Septe.be! %&&;$ at <*78 !ollo 2E' R' No' ol' %$ at "C%"*"C%%' See also Petitione! De Feon E!oup5s Me.o!an,u. ,ate, %& Hanua!/

"7;:"C3$

%&&7$ at ";*"D8 !ollo 2E' R' No' "7;:%%3$ ol' "$ at "%<;*"%<D' 2At p!esent$ one club sha!e in Manila Eolf Club sells at PhP%D'; Million' Nhttp1PP000'--aclubsha!es'co. last visite, "C Octobe! %&""O3
"C#

Notice of Sale on E(ecution of Pe!sonal P!ope!t/ ,ate, &# Octobe! %&&&8 !ollo 2E' R' No' "7;:%%3' ol' ol' %$ at %;<&*%;<"8 see also

%$ at %;%78 R+C O!,e! ,ate, ": Octobe! %&&&8 !ollo 2E' R' No' "7;:%%3$

U!ban Ban=5s Manifestation an, Motion ,ate, %& Septe.be! %&&;$ at 78 !ollo 2E' R' No' "7;:"C3$ ol' %$ at "C%%'
":&

Petitione! U!ban Ban=5s Manifestation an, Motion ,ate, %& Septe.be! %&&;$ at <*78 !ollo 2E' R' No' ol' %$ at "C%"*"C%%' See also Petitione! De Feon E!oup5s Me.o!an,u. ,ate, %& Hanua!/ ol' "$ at "%<;*"%<D' 2At p!esent$ one club sha!e in Sta' Elena

"7;:"C3$

%&&7$ at ";*"D8 !ollo 2E' R' No' "7;:%%3$

Club 2both IAM an, IBM3 sells at PhP%'< Million' Nhttp1PP000'--aclubsha!es'co. last visite, "C Octobe! %&""O3

":"

R+C O!,e! ,ate, "# Dece.be! %&&&8 !ollo 2E' R' No' "7;:%%3$

ol' %$ at %;;&*%;;%8 U!ban Ban=5s

Manifestation an, Motion ,ate, %& Septe.be! %&&;$ at 78 !ollo 2E' R' No' "7;:"C3$ ol' %$ at "C%%'
":%

Petitione! U!ban Ban=5s Manifestation an, Motion ,ate, %& Septe.be! %&&;$ at <*78 !ollo 2E' R' No' ol' %$ at "C%"*"C%%' See also Petitione! De Feon E!oup5s Me.o!an,u. ,ate, %& Hanua!/ ol' "$ at "%<;*"%<D' 2At p!esent$ one club sha!e in +a-a/ta/

"7;:"C3$

%&&7$ at ";*"D8 !ollo 2E' R' No' "7;:%%3$

>i-hlan,s Int5l Eol, Club sells at PhP;D&$&&&' Nhttp1PP000'--aclubsha!es'co. last visite, "C Octobe! %&""O3
":<

Rollo 2E' R' No' "7;:"CC3$ ol' "$ at 7%<*7%7' Notice of Sale on E(ecution of Pe!sonal P!ope!t/ ,ate, %& Octobe! %&&&8 !ollo 2E' R' No' "7;:%%3' ol'

":7

%$ at %;<:8 see also U!ban Ban=5s Manifestation an, Motion ,ate, %& Septe.be! %&&;$ at 78 !ollo 2E' R' No' "7;:"C3$ ol' %$ at "C%%'
":;

Petitione! U!ban Ban=5s Manifestation an, Motion ,ate, %& Septe.be! %&&;$ at <*78 !ollo 2E' R' No' ol' %$ at "C%"*"C%%' See also Petitione! De Feon E!oup5s Me.o!an,u. ,ate, %& Hanua!/

"7;:"C3$

%&&7$ at ";*"D8 !ollo 2E' R' No' "7;:%%3$ ol' "$ at "%<;*"%<D' 2At p!esent$ one club sha!e in Subic Jacht Club sells at PhP";&$&&&' Nhttp1PP000'--aclubsha!es'co. last visite, "C Octobe! %&""O3
":D

R+C O!,e! ,ate, <" Octobe! %&&&$ !ollo 2E' R' No' "7;:%%3$

ol' %$ at %;7%*%;7<8 R+C A.en,e,

O!,e! ,ate, "< Dece.be! %&&&8 !ollo 2E' R' No' "7;:%%3$ ol' %$ at %;7D*%;7#8 see also Fee v' +!ocino$ i,'
":C

R+C O!,e! ,ate, <" Octobe! %&&&$ !ollo 2E' R' No' "7;:%%3$

ol' %$ at %;77*%;7;8 R+C A.en,e,

O!,e! ,ate, "< Dece.be! %&&&8 !ollo 2E' R' No' "7;:%%3$ ol' %$ at %;7D*%;7#8 see also Fee v' +!ocino$ i,'
"::

Petitione! U!ban Ban=5s Manifestation an, Motion ,ate, %& Septe.be! %&&;$ at 78 !ollo 2E' R' No'

"7;:"C3$ ol' %$ at "C%%'

":#

Co v' Silla,o!$ I,' I,' Base, on the App!aisal Repo!t as of "D Ap!il %&&% con,ucte, b/ Cue!vo App!aise!s$ Inc'$ sub.itte, b/

"#&

"#"

U!ban Ban= in thei! Opposition 2+o Motion fo! Reconsi,e!ation 0ith Inte!vention3 ,ate, %# Ap!il %&&<$ the ten con,o.iniu. units alone pu!chase, b/ Uni.e-a fo! PhP"& Million 2Units %"*%$ %"*<$ %"*;$ %"*D$ an, %%*" to %%*D3 0as al!ea,/ 0o!th PhP"7D$:;"$#&&' Mean0hile$ the fai! .a!=et value of the enti!e lot of :; con,o.iniu. units sol, on e(ecution pen,in- appeal coul, !each as even as .uch as PhP"'7 Billion' 2App!aisal Repo!t8 !ollo NE' R' No' "7;:"CO$ ol' %$ at "<#D*"7%<3
"#%

Mala/sian Insu!ance Su!et/ Bon, 2MICO Bon, No' %&&"&77;D3 ,ate, "< Septe.be! %&&"8 !ollo 2E' R'

No' "7;:"C3$ ol' "$ at C7&*C7"

"#<

Petitione! U!ban Ban=5s U!-ent Motion to App!ove Supe!se,eas Bon, an, to Sta/ E(ecution Pen,in-

Appeal ,ate, %% Octobe! %&&"8 !ollo 2E' R' No' "7;:"C3' ol' "$ at DD&*DDC'
"#7

Pe6a5s Opposition ,ate, <" Octobe! %&&"8 !ollo 2E' R' No' "7;:"C3$ ol' "$ at C;%*CD:' EIB lette! ,ate, %< Octobe! %&&%8 !ollo 2E'R' No' "7;:"C3$ ol' %$ at "%CC' +he follo0in- .ana-e!5s chec=s 0e!e attache, to the Manifestation1 2a3 Mana-e!5s Chec= No' :&;C"

"#;

"#D

2PhP%%7$&&&38 2b3 Mana-e! Chec= No' :&;C% 2PhP"<$77&$&&&38 an, 2c3 Mana-e!5s Chec= No' :&;C< 2PhP :$77&$:&&3' 2Rollo NE' R' No' "7;:"CO$ ol' %$ at "%:"3
"#C

Petitione! U!ban Ban=5s Manifestation 0ith +en,e! of Pa/.ent of the Re,e.ption P!ice ,ate, %7

Octobe! %&&%8 !ollo 2E'R' No' "7;:"C3$ ol' %$ at "%C:*"%:"'

"#:

R+C*Ba-o Cit/5s O!,e! ,ate, %: Octobe! %&&%8 !ollo 2E' R' No' "7;:"C3$ ol' %$ at "%:D' Petitione! U!ban Ban=5s Motion 0ith Manifestation ,ate, %# Octobe! %&&%8 !ollo 2E' R' No' "7;:"C3$

"##

ol' %$ at "%:C*"%#"'
%&&

She!iff Silla,o!5s Affi,avits of Non*Re,e.ption both ,ate, &7 Nove.be! %&&%8 !ollo 2E'R' No' No'

"7;:"C3$ ol' "$ at "&C%*"&C7'

%&"

She!iff5s Ce!tificates of Kinal Sale both ,ate, &7 Nove.be! %&&%8 !ollo 2E'R' No' "7;:"C3$

ol' "$ at

"&D;*"&C"'
%&%

R+C*Ba-o Cit/5s O!,e! ,ate, "< Nove.be! %&&%8 !ollo 2E'R' No' "7;:"C3$ ol' "$ at "&:D*"&:#' SC Resolution ,ate, "# Nove.be! %&&"8 !ollo 2E' R' No' "7;:"C3$ ol' "$ at C#7*C#;' Pe6a5s Motion fo! Reconsi,e!ation 2of the Resolution App!ovin- the Supe!se,eas Bon,3 ,ate, &C

%&<

%&7

Dece.be! %&&"8 !ollo 2E'R' No' "7;:"C3$ ol' "$ at :7D*:D%'

%&;

SC Resolution ,ate, %7 Septe.be! %&&<8 !ollo 2E'R' No' "7;:"C3$ ol' "$ at "";"*"";%' Petitione! U!ban Ban=5s counsel$ the Pobla,o! Bautista W Re/es Fa0 Office$ 0as substitute, b/ the

%&D

Office of the Chief Fe-al Counsel of PDIC$ 0hich ha, beco.e the ban=5s !eceive! at that ti.e' 2Substitution of Counsel ,ate, %7 Nove.be! %&&&8 !ollo NE' R' No' "7;:"CO$ ol' "$ at %C*<&3
%&C

PDIC$ as !eceive! of petitione! U!ban Ban=$ 0as !ep!esente, b/ the On-=i=o Kala0 Manhit W Aco!,a

Fa0 Offices' 2Ent!/ of Appea!ance ,ate, %" Dece.be! %&&&8 !ollo NE' R' No' "7;:"CO$ ol' "$ at ":<*":;3
%&:

Petitione! U!ban Ban=5s Petition fo! Revie0 on Ce!tio!a!i ,ate, %" Dece.be! %&&&8 !ollo 2E' R' No'

"7;:"C3$ ol' "$ at ":D*%"<'

%&#

Pe6a5s Co..ent 0ith Motion to Cite fo! Conte.pt an, U!-ent Motion to Dis.iss ,ate, "% Hanua!/

%&&"8 !ollo 2E' R' No' "7;:"C3$ ol' "$ at <%*CC'

%"&

Pe6a5s Co..ent ,ate, <& Ap!il %&&"8 !ollo 2E' R' No' "7;:"C3$ at ;"&*;;;'

%""

Petitione! Bo!lon-an E!oup$ co.p!ise, of in,ivi,ual ban= ,i!ecto!s an, office!s +eo,o!o Bo!lon-an$

Co!a4on M' Be9asa$ A!tu!o Manuel$ H!'$ Ben J' Fi.$ H!'$ an, P' Sie!vo >' Di4on$ 0as then !ep!esente, b/ the Pobla,o! Bautista W Re/es Fa0 Offices'
%"%

Petitione! Bo!lon-an E!oup5s Petition fo! Revie0 on Ce!tio!a!i ,ate, %" Nove.be! %&&&8 !ollo 2E' R'

No' "7;:%%3$ ol' "$ at ::C*#;&'

%"<

MConsi,e!in- the alle-ations$ issues an, a!-u.ents a,,uce, in the petition fo! !evie0 on Ce!tio!a!i of

the a.en,e, ,ecision an, !esolution of the Cou!t of Appeals ,ate, Au-ust ":$ %&&& an, Octobe! "#$ %&&&$ !espectivel/$ as 0ell as !espon,ent5s co..ents the!eon$ the Cou!t fu!the! Resolves to DENJ the petition fo! failu!e of the petitione!s to sufficientl/ sho0 that the Cou!t of Appeals co..itte, an/ !eve!sible e!!o! in the challen-e, a.en,e, ,ecision an, !esolution as to 0a!!ant the e(e!cise b/ this Cou!t of its ,isc!etiona!/ appellate 9u!is,iction in this case'M 2SC Resolution ,ate, %# Hanua!/ %&&" in E' R' No' "7;:":8 !ollo 2E' R' No' "7;:%%3$ ol' "$ at #;;*#;D3
%"7

SC Resolution ,ate, %; Hune %&&" in E'R' No' "7;:":8 !ollo 2E'R' No' "7;:"C3$ ol' "$ at D%&*D%"' SC Ent!/ of Hu,-.ent ,ate, "" Ma/ %&&" in E'R' No' "7;:":8 !ollo 2E'R' No' "7;:"C3$ ol' "$ at D;C*

%";

D;:'
%"D

Petitione! De Feon E!oup5s Petition fo! Revie0 on Ce!tio!a!i ,ate, &D Dece.be! %&&&8 !ollo 2E' R' No'

"7;:%%3$ ol' "$ at "7*C;'

%"C

SC Resolution ,ate, "< Dece.be! %&&&8 !ollo 2E' R' No' "7;:%%3$ ol' "$ at #;;*#;D' SC Resolution ,ate, "% Nove.be! %&&"8 !ollo 2E' R' No' "7;:"C3$ ol' "$ at C#D' SC Resolution ,ate, %7 Septe.be! %&&<8 !ollo 2E' R' No' "7;:"C3$ ol' "$ at "";"*"";%' I,' Petitione! U!ban Ban=5s Me.o!an,u. ,ate, %: Hanua!/ %&&78 !ollo 2E' R' No' "7;:%%3$ ol' "$ at

%":

%"#

%%&

%%"

"%DC*"%::'
%%%

Petitione! De Feon E!oup5s Me.o!an,u. ,ate, %& Hanua!/ %&&78 !ollo 2E' R' No' "7;:%%3$

ol' "$ at

"%%"*"%DD'
%%<

EIB lette! ,ate, "& Dece.be! %&&"8 !ollo 2E'R' No' "7;:"C3$

ol' "$ at :#D*:#C8 see also EIB lette!

,ate, %7 Octobe! %&&" 2!ollo NE'R' No' "7;:"CO$ ol' "$ at #;D3 an, EIB lette! ,ate, &D Hune %&&% 2!ollo NE'R' No' "7;:"CO$ ol' "$ at #<#3
%%7

Petitione! U!ban Ban=5s th!ee sha!es in the Ma=ati Spo!ts Club 0e!e p!eviousl/ sol, in a public auction

last "" Octobe! %&&"$ con,ucte, b/ the she!iff of R+C*Ba-o Cit/' 2R+C O!,e!s all ,ate, "; Octobe! %&&"8 !ollo NE'R' No' "7;:"CO$ ol' "$ at :#&*:#;3
%%;

MSCI5s lette! ,ate, %D Nove.be! %&&"8 Anne( ICM of MSCI5s Motion fo! Cla!ification8 !ollo 2E'R' No'

"7;:"C3$ ol' "$ at :C;*:##'

%%D

Att/' E!e6eta5s lette! ,ate, "D Hanua!/ %&&% 2!ollo NE'R' No' "7;:"CO$

ol' "$ at :#:*:##38 Att/'

E!e6eta5s lette! ,ate, <& Ma/ %&&% 2!ollo NE'R' No' "7;:"CO$ ol' "$ at :#:*#<:3' See also Att/' E!e6eta5s Motion to Cite in Conte.pt of Cou!t ,ate, %% Hul/ %&&% in Civil Case No' C;7 2!ollo NE'R' No' "7;:"CO$ ol' "$ at #77*#7:3'
%%C

Ma=ati Spo!ts Club5s Motion fo! Cla!ification ,ate, &7 Keb!ua!/ %&&%8 !ollo 2E'R' No' "7;:"C3$ ol' "$ at

:C;*:C#'
%%:

Petitione! U!ban Ban=5s Motion fo! Cla!ification ,ate, D Au-ust %&&%8 !ollo 2E'R' No' "7;:"C3$ ol' "$ at

#C%*#C;' See also petitione! U!ban Ban=5s U!-ent Motion to Resolve ,ate, %" Octobe! %&&%8 !ollo 2E'R' No' "7;:"C3$ ol' "$ at #:%*#:C'
%%#

SC Resolution ,ate, "< Nove.be! %&&%8 !ollo 2E'R' No' "7;:"C3$ ol' "$ at #::*##&' Pe6a5s U!-ent O.nibus Motion ,ate, &# Dece.be! %&&% 2!ollo NE' R' No' "7;:"CO$ ol' "$ at "&#&*

%<&

""&%38 see also Pe6a5s Supple.ent to the U!-ent O.nibus Motion ,ate, "# Dece.be! %&&% 2!ollo NE' R' No' "7;:"CO$ ol' "$ at ""&D*"""&3
%<"

U!ban Ban= att!ibute, the .ista=e alle-e,l/ ,ue to the fact that in one of the Cou!t5s Resolution 2SC

Resolution ,ate, "< Keb!ua!/ %&&%3$ the ACCRA Fa0 Office 0as .entione, as the Icounsel of !espon,ent'M 2Opposition N+o U!-ent O.nibus Motion an, Supple.ent to U!-ent O.nibus MotionO ,ate, %: Keb!ua!/ %&&<$ at %*78 !ollo NE'R' No' "7;:"CO$ ol' %$ at "%%&*"%%%3'
%<%

Petitione! U!ban Ban=5s Opposition ,ate, %: Keb!ua!/ %&&<8 !ollo 2E'R' No' "7;:"C3$

ol' %$ at "%"#*

"%%C'
%<<

SC Resolution ,ate, <" Au-ust %&""' SC Resolution ,ate, "C Keb!ua!/ %&&<8 !ollo 2E'R' No' "7;:%%3$ ol' <$ at <%%&*<%%"' Inte!veno! Uni.e-a5s Motion fo! Reconsi,e!ation 0ith Inte!vention ,ate, "& Dece.be! %&&%8 !ollo

%<7

%<;

2E'R' No' "7;:"C3$ ol' "$ at ##"*"&&7'

%<D

Petitione! De Feon E!oup .anifeste, that Uni.e-a5s inte!vention 0as onl/ 0ith !espect to petitione!

U!ban Ban=5s p!ope!ties 2con,o.iniu. units3$ but oppose, the le-al an, factual conclusions of Uni.e-a insofa! as it ,ee.e, the titles to the e(ecute, p!ope!ties to be consoli,ate, in Uni.e-a5s na.e' 2Petitione! De Feon E!oup5s Manifestation an, Co..ent ,ate, %7 Keb!ua!/8 !ollo NE' R' No' "7;:"CO$ ol' %$ at ""#"*"#D3
%<C

Petitione! U!ban Ban=5s Opposition 2to Motion fo! Reconsi,e!ation 0ith Inte!vention3 ,ate, %# Ap!il

%&&<8 !ollo 2E'R' No' "7;:"C3$ ol' %$ at "<:D*"<#7'

%<:

Acco!,in- to petitione! U!ban Ban=$ the fai! .a!=et value of the con,o.iniu. units 2of va!/in- si4es3

pu!chase, b/ Uni.e-a$ inclusive of the pa!=in- lots attache, to the units$ a.ounte, to PhP"C;$:7#$:;&$ 0hich is -!ossl/ ,isp!opo!tional to the PhP"&$&&&$&&& pai, b/ Uni.e-a fo! all the "& units ,u!in- the

auction sale' 2Petitione! U!ban Ban=5s Opposition ,ate, %# Ap!il %&&<$ at 78 !ollo$ NE' R' No' "7;:"CO$ ol' %$ at "<:#3
%<#

SC Resolution ,ate, &" Au-ust %&&;8 !ollo 2E'R' No' "7;:"C3$ ol' %$ at "D%<*"D<&' Petitione! U!ban Ban=5s Manifestation an, Motion ,ate, %& Septe.be! %&&;8 !ollo 2E' R' No' "7;:"C3$

%7&

ol' %$ at "C"#*"C%;'
%7"

Petitione! De Feon E!oup5s Manifestation ,ate, "% Septe.be! %&&;8 !ollo 2E' R' No' "7;:"C3$ ol' %$ at

"C;#*"CD<'
%7%

Inte!veno! Uni.e-a5s E( Pa!te Petition fo! the Issuance of a @!it of Possession ,ate, %: Hune %&&D8

!ollo 2E' R' No' "D%;D%3$ ol' %$ at "";D*""D#'

%7<

SC Resolution ,ate, &D Septe.be! %&&D8 !ollo 2E' R' No' "D%;D%3$ ol' %$ at ""C"*""C%' Petitione! Fi. E!oup5s Co.pliance an, Co..ent ,ate, %; Octobe! %&&D8 !ollo 2E' R' No' "D%;D%3$

%77

ol' %$ at "":"*"":7'
%7;

Petitione! Bo!lon-an E!oup5s 2co.pose, of the hei!s of Bo!lon-an$ Be9asa an, Manuel$ H!'3

Co.pliance ,ate, <& Octobe! %&&D8 !ollo 2E' R' No' "D%;D%3$ ol' %$ at ""::*"":#'
%7D

Pe6a5s Co.pliance an, Co..ent ,ate, &C Hanua!/ %&&:8 !ollo 2E' R' No' "D%;D%3$

ol' %$ at "%<<*

"%7"'
%7C

Petitione! U!ban Ban=5s Opposition 2to E( Pa!te Petition fo! the Issuance of a @!it of Possession3 ,ate,

&: Nove.be! %&&D8 !ollo 2E' R' No' "D%;D%3$ ol' %$ at ""#D*"%&"'
%7:

Petitione! De Feon E!oup5s Manifestation an, Co..ent ,ate, "C Nove.be! %&&D8 !ollo 2E' R' No'

"D%;D%3$ ol' %$ at "%&7*"%""'

%7#

Inte!veno! Uni.e-a5s Repl/PCo..ent 2to the Opposition of U!ban Ban= an, ManifestationPCo..ent of

Petitione!s Eon4ales$ H!'$ De Feon an, Fee3 ,ate, &C Keb!ua!/ %&&C8 !ollo 2E' R' No' "D%;D%3$ ol' %$ at "%"%*"%%7'
%;&

Civil Co,e$ A!t' ":D:' icto!ias Millin- Co'$ Inc' v' CA$ E' R' No' ""C<;D$ "# Hune %&&&$ << SCRA DD<$ citin- Bo!,a,o! v' Fu4$

%;"

%:< SCRA <C7$ <:% 2"##C3'

%;%

Eu!otech In,ust!ial +echnolo-ies v' Cui4on$ E' R' No' "DC;;%$ %< Ap!il %&&C$ ;%" SCRA ;:7$ citin- :u

Eng Cho -. P&n 4meric&n ;or.d 4ir/&,s, 1nc.$ <:; Phil' 7;<$ 7D; 2%&&&3'
%;<

Jun K0an B/un- v' PAECOR$ E' R' No' "D<;;<$ "" Dece.be! %&&#$ D&: SCRA "&C$ citin- An-eles v'

Philippine National Rail0a/s$ ;&& SCRA 777$ 7;% 2%&&D3'

%;7

+uason v' >ei!s of Ra.os$ E' R' No' ";D%D%$ "7 Hul/ %&&;$ 7D< SCRA 7&:$ citin- icto!ias Millin- Co'$

Inc' v' CA$ <:# Phil' ":7$ "#D 2%&&&38 Fi. v' CA$ <%" Phil' C:%$ C#7$ 2"##;3'

%;;

M@>EREKORE$ in vie0 of the fo!e-oin- consi,e!ations$ the Ma/ %:$ %&&& Decision NsicO an, the

Octobe! "#$ %&&& NsicO Special O!,e! of the R+C of Ba-o Cit/$ B!anch D%$ a!e he!eb/ ANNUFFED AND SE+ ASIDE' >o0eve!$ the plaintiff*appellee in CA ER C No' D;C;D is a0a!,e, the a.ount of P< Million as !ei.bu!se.ent fo! his e(penses as 0ell as !easonable co.pensation fo! his effo!ts in clea!in- U!ban Ban=5s p!ope!t/ of unla0ful occupants' +he a0a!, of e(e.pla!/ ,a.a-es$ atto!ne/5s fees an, costs of suit a!e ,elete,$ the sa.e not havin- been sufficientl/ p!oven' +he petition fo! In,i!ect Conte.pt a-ainst all the !espon,ents is DISMISSED fo! utte! lac= of .e!it'M 2CA Decision NCA ER SP No' C%D#: W C No' D;C;DO ,ate, &D Nove.be! %&&<8 !ollo NE'R' No' "D%;D%O$ ol' "$ at :%*"""3
%;D

@hen U!ban Ban= pai, the pu!chase p!ice less autho!i4e, !etention .one/ un,e! the Dee, of Absolute

Sale'
%;C

Cont!act to Sell ,ate, "; Nove.be! "##7' 2E(hibit I"D$M R+C !eco!,s N ol' 7O at :7D*:7#3 ISCI5s fa( lette! ,ate, %D Nove.be! "##78 E(hibit I<$M R+C !eco!,s$ ol' 7$ at :"&' MSUBFEASE PRO>IBI+ED' +hat as ,istin-uishe, f!o. FESSEE5s NM!' OchoaO !ent*out ope!ations

%;:

%;#

above*.entione,$ the FESSEE NM!' OchoaO shall not assi-n$ ce,e o! conve/ this lease$ no! un,e!ta=e to sub*lease the 0hole o! substantiall/ all of the lease p!e.ises NPasa/ p!ope!t/O to an/ sin-le thi!, pa!t/$ 0ithout the FESSOR5s NISCI5sO consent in 0!itin-8 QM 2Cont!act of Fease ,ate, %# Nove.be! "#:7$ pa!' ; at %8 !ollo NE'R' No' "D%;D%O$ ol' "$ at %C#3
%D&

ISCI5s lette! ,ate, &C Dece.be! "##78 E(hibit I"$M R+C !eco!,s$ ol' 7$ at :&:' ISCI5s fa( lette! ,ate, &# Dece.be! "##78 E(hibit I%$M R+C !eco!,s$ ol' 7$ at :&#' U!ban Ban=5s lette! ,ate, "; Dece.be! "##78 E(hibit I7$M R+C !eco!,s$ ol' 7$ at :""' R+C Decision ,ate, %: Ma/ "###$ at <8 !ollo 2E R' No' "D%;D%3$ ol' "$ at ;&C' >o0eve!$ the !eco!,s of

%D"

%D%

%D<

the case in R+C*Pasa/ Cit/ 0ith !espect to the Ki!st In9unction Co.plaint file, b/ Pe6a on behalf of ISCI a!e NO+ 0ith this Cou!t$ as none of the issues !aise, the!ein a!e befo!e Us'
%D7

Petitione! U!ban Ban=5s lette! ,ate, "# Dece.be! "##78 E(hibit IB$M R+C !eco!,s$ ol' <$ at ;D:' M+he ,ue e(ecution an, -enuineness of the lette! ,ate, Dece.be! "#$ "##7 sent b/ the ,efen,ant ol' %$ at

%D;

U!ban Ban= to the plaintiff8 QM2P!e*+!ial O!,e! ,ate, %< Septe.be! "##C$ at <8 R+C !eco!,s$ ;&"3
%DD

Cua v' Oca.po +an$ E' R' No' ":"7;;*;DW":%&&:$ &7 Dece.be! %&&#$ D&C SCRA D7;$

citin- :&sum& -. <eirs o( Ceci.io S. de 7i..&$ 7## SCRA 7DD$ 7C"*7C% 2%&&D3'
%DC

R+C5s O!,e! ,ate, &7 Nove.be! "##C$ .o,if/in- the P!e*t!ial O!,e! ,ate, %< Septe.be! "##C8 R+C

!eco!,s$ ol' %$ at ;"7*;"#'

%D:

MReceive, f!o. Att/' Ma-,aleno M' Pe6a the a.ount of One Million Kive >un,!e, +housan, Pesos

2PhP"$;&&$&&&3 !ep!esentin- full an, final settle.ent of ou! clai.s a-ainst U!ban Ban= Inco!po!ate,

a!isin- f!o. the closu!e of the Aust!alian Club locate, in the fo!.e! Inte!national Koo, Co.ple( alonRo(as Bouleva!,$ Pasa/ Cit/$ Met!o Manila'M 2Receipt ,ate, %: Ap!il "##;8 E(hibit IBB$M R+C !eco!,s$ ol'<$ at C;C3
%D#

M@hen t0o o! .o!e p!incipals have -!ante, a po0e! of atto!ne/ fo! a co..on t!ansaction$ an/ one of

the. .a/ !evo=e the sa.e 0ithout the consent of the othe!s'M 2Civil Co,e$ A!t' "#%;3
%C&

MA-enc/ is e(tin-uishe,1 Q 2;3 B/ the acco.plish.ent of the ob9ect o! pu!pose of the a-enc/8 Q'M

2Civil Co,e$ A!t' "#"#3

%C"

Civil Co,e$ A!t' "#%<' ISCI5s Fette! ,ate, "# Dece.be! "##7 si-ne, b/ >e!.an Ponce an, Hulie Aba,8 E(hibit I;$M R+C

%C%

!eco!,s$ ol' 7$ at :"%'

%C<

Civil Co,e$ A!t' ":C;8 cf' National B!e0e!/ W Allie, In,ust!ies Fabo! Union of the Phils' v' San Mi-uel

B!e0e!/$ Inc'$ E' R' No' F*":"C&$ <" Au-ust "#D<$ : SCRA :&;'
%C7

< A.' Hu!' %,' Z %7D$ citin- Mon!oe v' E!olie! Soc' of Fon,on$ %&: Cal' 77C$ %:" P' D&7$ D; A'F'R' #:#

2"#%#38 Cha.be!lain v' Abeles$ :: Cal' App' %, %#"$ "#: P'%, #%C 2%, Dist' "#7:3'
%C;

Rules of Cou!t$ Rule "<:$ Sec' %78 O!ocio v' An-uluan$ E' R' No' "C#:#%*#<$ <& Hanua!/ %&&#$ ;CC

SCRA ;<"'
%CD

MLuantu. .e!uit .eans that in an action fo! 0o!= an, labo!$ pa/.ent shall be .a,e in such a.ount as

the plaintiff !easonabl/ ,ese!ves'M 2>' F' Ca!los Const!uction$ Inc'$ v' Ma!ina P!ope!ties Co!p'$ E' R' No' "7CD"7$ %# Hanua!/ %&&7$ 7%" SCRA 7%:$ citin- Republic v' Cou!t of Appeals$ <;# Phil' ;<&$ D7& N"##:O3
%CC

Ra/os v' >e!nan,e4$ E' R' No' "D#&C#$ "% Keb!ua!/ %&&C$ ;"; SCRA ;"C8 Bach v' On-=i=o Kala0

Manhit W Aco!,a Fa0 Offices$ E' R' No' "D&<<7$ "" Septe.be! %&&D$ ;&" SCRA "#%'
%C:

+!anscontinental Un,e!0!ite!s A-enc/$ S' R' F'$ v' A.e!ican A-enc/ Un,e!0!ite!s$ D:& K'%, %#:$ <&&

2": Ma/ "#:%3$ citin- Mille! v' @ilson$ %7 Pa' ""7 2":;73'
%C#

I,' CA Decision ,ate, &D Nove.be! %&&<$ at %<8 !ollo 2E' R' No' "D%;D%3$ ol' "$ at "&7' R+C Decision ,ate, %: Ma/ "###$ at %"8 R+C !eco!,s$ ol' 7$ at #D%' M"%' It is t!ue that Att/' Sin-son ha, been offe!in- the a.ount of P%; .illion to !espon,ent but the latte!

%:&

%:"

%:%

coul, not a-!ee to the sai, a.ount because his le-al e(penses alone since this case sta!te, in "##D 2an, consi,e!in- that it spa0ne, seve!al othe! case3 0oul, al!ea,/ have !eache, P"& .illion' In clea!in- the Ro(as Bouleva!, p!ope!t/$ he ha, to bo!!o0 P< .illion 2an a.ount 0hich ha, been ea!nin- inte!est since "##;3 f!o. his -oo, f!ien, M!' Robe!to I-nacio' @hen !espon,ent5s se!vices 0e!e en-a-e, b/ petitione!$ he 0as p!o.ise, ten 2"&A3 of the p!ope!t/5s value 0hich 0as at least P%; .illion' +hus$ even if !espon,ent a-!ee, to fo!e-o the inte!ests that ha, acc!ue, since "##D$ an, even if M!' I-nacio a-!ee, to

collect f!o. hi. onl/ the p!incipal loane, a.ount$ he 0oul, still be entitle, to at least P<: .illion' +o !espon,ent5s .in,$ the!efo!e$ P%; .illion 0as out of the ?uestion'M 2Pe6a5s Consoli,ate, Repl/ ,ate, &" Ap!il %&&<$ at D*C8 !ollo NE' R' No' "7;:%%O$ ol' <$ at <<;#*<<D&3
%:<

A,!i.isin v' Havie!$ A' C' No' %;#"$ &: Septe.be! %&&D$ ;&" SCRA "#%' Luilban v' Robinol$ A' C' Nos' %"77 W %":&$ "& Ap!il "#:#$ "C" SCRA CD:8 see +!a,e!s Ro/al Ban=

%:7

E.plo/ees Union$ v' NFRC$ E' R' No' "%&;#%$ "7 Ma!ch "##C$ %D# SCRA C<<'
%:;

Catl/ v' Nava!!o$ E' R' No' "DC%<#$ &; Ma/ %&"&$ D%& SCRA ";"$ citin- O!ocio v' An-uluan$ ;CC

SCRA ;<"$ ;;"*;;% 2%&&#3'

%:D

Fa.be!t Pa0nb!o=e!s an, He0el!/ Co!p'$ v' Bina.i!a$ E' R' No' "C&7D7$ "% Hul/ %&"&$ D%7 SCRA C&;' I,' K!ancisco v' Mallen$ H!'$ E' R' No' "C<"D#$ %% Septe.be! %&"&$ D<" SCRA "":$ citin- Section <" of the

%:C

%::

Co!po!ation Co,e an, Ra.oso v' Cou!t of Appeals$ 7&& Phil' "%D& 2%&&&3'
%:#

Ma-alin- v' On-$ E' R' No' "C<<<<$ "< Au-ust %&&:$ ;D% SCRA ' MC' +he ,efen,ant URBAN BANK th!ou-h its P!esi,ent$ ,efen,ant +EODORO BORFONEAN$ an, the ice P!esi,ent CORA[ON BEHASA an, ICE

%#&

,efen,ants Boa!, NofO Di!ecto!s as 0ell as its Senio!

P!esi,ent$ A!tu!o Manuel$ H!'$ ente!e, into an a-enc/ a-!ee.ent 0ith the plaintiff$ 0he!eb/ the latte! in behalf of ,efen,ant URBAN BANK$ shall hol, an, .aintain possession of the afo!e,esc!ibe, p!ope!t/$ p!event ent!/ of int!u,e!s$ inte!lope!s$ an, s?uatte!s the!ein an, finall/ tu!nove! peaceful possession the!eof to ,efen,ant URBAN BANK8 it 0as fu!the! a-!ee, that fo! the se!vices !en,e!e, as its a-ent$ ,efen,ant URBAN BANK shall pa/ plaintiff a fee in an a.ount e?uivalent to "&A of the .a!=et value of the p!ope!t/ p!evailin- at the ti.e of the pa/.ent'M 2Pe6a5s Co.plaint ,ate, %: Keb!ua!/ "##D$ at %8 R+C !eco!,s$ ol' "$ at %3
%#"

Pe6a5s Petition ,ate, %< Ap!il %&&7$ at D"*D;8 !ollo 2E' R' No' "D%;D%3$ ol' "$ at D:*C%' R+C Decision ,ate, %: Ma/ "###$ at %<8 R+C !eco!,s$ ol' 7$ at #D7' CA Decision ,ate, &D Nove.be! %&&<$ at %7*%;8 !ollo 2E' R' No' "D%;D%3$ ol' "$ at "&;*"&D' Pe6a5s Petition ,ate, %< Ap!il %&&7$ sup!a note "%D' MI.plea,e, as ,efen,ants in this case a!e the .e.be!s of the boa!, of ,i!ecto!s of U!ban ban= 0ho

%#%

%#<

%#7

%#;

0e!e sou-ht to be hel, liable in the sa.e .anne! as the ban=' +hei! failu!e to !aise the ,efense of li.ite, co!po!ate liabilit/ in thei! Motion to Dis.iss o! in thei! Ans0e! in conse?uence 0ith the p!ovision of Rule # of the "##C Rules of Civil P!oce,u!e constitute a 0aive! on thei! pa!t to b!in- up this ,efense' +hus$ this 0a!!ants the cou!t to hol, all the ,efen,ants in this case 9ointl/ an, seve!all/ liable 0ith U!ban Ban=$ Inc'$ +his p!onounce.ent fin,s basis in plaintiff5s -ene!al p!a/e! fo! such fu!the! o! othe! !elief as .a/ be ,ee.e, 9ust o! e?uitable'M 2R+C Decision %: Ma/ "###$ at %%*%<8 R+C !eco!,s$ ol' 7$ at #D<*#D73

%#D

Notice of Appeal ,ate, "; Hune "###8 R+C !eco!,s 2 ol' 3 at "&"D*"&"C' Pe6a5s Motion fo! E(ecution ,ate, &C Hune "###8 !ollo 2E' R' No' "7;:"C3$ ol' "$ at %CC*%C#8 see

%#C

Pe6a5s Me.o!an,u. ,ate, "< Octobe! "###8 !ollo 2E' R' No' "7;:%%3$ ol' "$ at <C"*<CD'
%#:

R+C Decision ,ate, %: Ma/ "###$ at %78 !ollo 2E' R' No' "7;:"C 3$ ol' "$ at "&"' PhP %7$&&&$&&& 2co.pensation3 U PhP<$&&&$&&& 2!ei.bu!se.ent3 U PhP"$&&&$&&& 2atto!ne/5s fees3 U

%##

PhP;&&$&&& 2e(e.pla!/ ,a.a-es3 Y PhP%:$;&&$&&& 2e(clu,in- costs of suit3

<&&

M7' Plaintiff has been unable to pa/ his loan p!ecisel/ because ,efen,ants have not pai, hi. his fees'

Since' M!' I-nacio has been a lon- ti.e f!ien, of his$ he has been -!ante, seve!al e(tensions but on 7 Hune "###$ plaintiff !eceive, a su..ons issue, b/ the Re-ional +!ial Cou!t of Manila$ B!anch "D fo! a collection case file, Nb/O sai, M!' I-nacio' Q ID' Q It is i.pe!ative the!efo!e that this >ono!able Cou!t5s Decision be e(ecute, i..e,iatel/ so that he coul, settle the obli-ation 0hich he 0oul, not have cont!acte, ha, ,efen,ants not en-a-e, his se!vices'M 2Pe6a5s Motion fo! E(ecution ,ate, &C Hune "###$ at %8 !ollo NE' R' No' "7;:"CO$ ol' "$ at %C:3
<&"

+he Co.plaint file, a-ainst Pe6a 0as a civil action fo! collection of PhP<$;&&$&&& an, PhP"&&$&&&

atto!ne/5s fees$ 0hich 0as file, b/ M!' Robe!to R' I-nacio an, 0as ,oc=ete, as Civil Case No' ##*#<#;% 0ith the Re-ional +!ial Cou!t of Manila' 2Co.plaint ,ate, &< Ap!il "###8 !ollo NE' R' No' "7;:%%O$ at %"<*%"C3
<&%

ol' "$

Petitione! U!ban Ban=5s Opposition 2to Motion fo! E(ecution3 ,ate, "; Hune "###8 !ollo 2E' R' No'

"7;:"C3$ ol' "$ at %:#*<&&8 see Petitione! U!ban Ban=5s Me.o!an,u. ,ate, "% Octobe! "###8 !ollo 2E' R' No' "7;:%%3$ ol' "$ at <&#*<<"'
<&<

Petitione! U!ban Ban= ha, ea!lie! .ove, fo! the volunta!/ inhibition of Hu,-e Catilo' 2Petitione! U!ban olunta!/ Inhibition b/ the P!esi,in- Hu,-e ,ate, "; Hune "###8 !ollo NE'R' No'

Ban=5s Motion fo!

"7;:"CO$ ol' "$ at <&"*<&D3

<&7

M+he cou!t fin,s that the pen,enc/ of the case fo! collection of .one/ a-ainst plaintiff is a -oo, !eason

fo! i..e,iate e(ecution'M 2R+C Special O!,e! ,ate, %# Octobe! "###$ at C8 !ollo NE'R' No' "7;:"CO$ ol' "$ at ::D3
<&;

@!it of E(ecution ,ate, %: Ma/ "###8 !ollo 2E' R' No' "7;:%%3$ ol' "$ at ";%*";7' +he sai, Rule D; Petition in the Cou!t of Appeals 0as ,oc=ete, as CA*E' R' SP No' ;;DDC' 2Petitione!

<&D

U!ban Ban=5s Petition fo! Ce!tio!a!i an, P!ohibition ,ate, %# Nove.be! "###8 !ollo NE' R' No' "7;:"CO$ ol' "$ at <&C*<7;3
<&C

Na4a!eno v' Cou!t of Appeals$ E' R' No' """D"&$ %C Keb!ua!/ %&&%$ <C: SCRA %:' I,'

<&:

<&#

M+hat 0hich is a nullit/ p!o,uces no effect'M 2Maa-a, v' Maa-a,$ E' R' No' "C"CD%$ &; Hune %&&#$ ;::

SCRA D7#3
<"&

Rules of Cou!t$ Rule <#$ Sec' ;' Silve!io v' Cou!t of Appeals$ E' R' No' F*<#:D"$ "C Ma!ch "#:D$ "7" SCRA ;%C' E' R' No' "DC#CD$ %& Hanua!/ %&"&$ D"& SCRA <CC' Diesel Const!uction Co.pan/$ Inc'$ v' Hollibee Koo,s Co!p'$ E' R' No' "<D:&;$ %: Hanua!/ %&&&$ <%<

<""

<"%

<"<

SCRA :77'
<"7

Philippine Ban= of Co..unications v' Cou!t of Appeals$ E' R' No' "%D";:$ %< Septe.be! "##C$ %C#

SCRA <D7'
<";

R+C Special O!,e! ,ate, %# Octobe! "###$ at D*C8 !ollo 2E' R' No' "7;:"C3$ ol' "$ at ::;*::D' M"C' Mo!e li=el/ than not$ the IM!' I-nacio caseM 0as a convenient !use e.plo/e, b/ P!ivate

<"D

Respon,ent NPe6aO' It shoul, be note, that M!' I-nacio state, in his co.plaint that I2P!ivate Respon,ent5s3 assu!ance that his client 2Petitione! Ban=3 0as -oin- to pa/ hi. befo!e 2<& Ma/ "##;3 0as 0hat in,uce, 2I-nacio3 to -!ant the loans in the fi!st place'M >o0eve!$ on <& Nove.be! "##7$ the ,a/ of the fi!st alle-e, IloanM of P"$&&&$&&&$ Petitione! Ban= 0as not even in the pictu!e /et' In fact$ Iit 0as onl/ 2on Dece.be! "#$"##73$ that plaintiff P!ivate Respon,ent he!ein3 0as app!aise, 2sic3 that the p!ope!t/ ha, al!ea,/ been sol, an, the title the!eto haN,O al!ea,/ been t!ansfe!!e, to U!ban Ban='M >o0 then coul, Petitione! Ban= have assu!e, pa/.ent to P!ivate Respon,ent b/ <& Ma/ "##;$ 0hich assu!ances 0e!e alle-e,l/ 0hat in,uce, the !elease of the loanG On the othe! han,$ if the <& Nove.be! "##7 loan 0as ta=en out because P!ivate Respon,ents 0as Iinst!ucte, b/ his !elativesM at ISCI to clea! the p!ope!t/ of occupants$ 0h/ in the 0o!l, 0oul, P!ivate Respon,ents have to ta=e out the loan 0ith his f!ien,$ in his o0n na.eGM 2Petition fo! Ce!tio!a!i an, P!ohibition ,ate, &7 Nove.be! "###$ at "7*";8 !ollo 2E' R' No' "7;:"C3$ ol' "$ at <%&*<%"8 e.phasis supplie, an, citations o.itte,3
<"C

M@>EREKORE$ plaintiff !espectfull/ p!a/s that upon the filin- of this Co.plaint$ a 0!it of p!eli.ina!/

attach.ent be issue, e(*pa!te to cove! all of ,efen,ants5 p!ope!t/ an, that afte! ,ue p!ocee,in-s$ ,efen,ant be .a,e to pa/ the p!incipal a.ount of P<$;&&$&&&'&& plus inte!ests an, atto!ne/5s fees in the a.ount of P"&&$&&&'&&'M 2M!' Robe!to I-nacio5s Co.plaint ,ate, &< Ap!il "###$ at <*78 R+C !eco!,s$ ol' 7$ at #:<*#:73
<":

MIt is un,e!stoo, that ,efault on ./ pa!t 0ill entitle pa/ee to ;A inte!est fo! eve!/ .onth of ,ela/'M ol'

2P!o.isso!/ Notes ,ate, <& Nove.be! "##7$ %& Dece.be! "##7$ an, %C Ap!il "##;8 R+C !eco!,s$ 7$ #:D*#::3
<"#

CA Decision ,ate, "% Hanua!/ %&&& in C' A'*E' R' SP No' ;;DDC$ at ""*"%8 !ollo 2E' R' No' "7;:"C3$

ol' "$ at <;D*<;C'

<%&

MNEO(ecution pen,in- appeal .ust be st!ictl/ const!ue, bein- an e(ception to the -ene!al !ule' So$ too$

e(ecution pen,in- appeal is not to be availe, of an, applie, !outinel/$ but onl/ in e(t!ao!,ina!/ ci!cu.stances'M 2Co!ona Inte!national$ Inc'$ v' Cou!t of Appeals$ E' R' No' "%C:;"$ ": Octobe! %&&&$ <7< SCRA ;"%3
<%"

http1PP000'u!banban='infoPu!ban0ebPubiXfinancial'ht. last visite, &C Octobe! %&""' BSP Fette! ,ate, &7 Dece.be! "##:8 !ollo 2E' R' No' "7;:%%3$ ol' "$ at D%%' Business @o!l, Special Repo!t$ +he Co..e!cial Ban=in- S/ste.$ Selecte, Balance Sheet Accounts

<%%

<%<

as of %C Septe.be! "###8 !ollo 2E' R' No' "7;:%%3$ ol' "$ at D%7'
<%7

M@e a-!ee 0ith the appellate cou!t5s !atiocination in CA*E'R' SP No' ;;DDC that the!e is -oo, -!oun, to

o!,e! e(ecution pen,in- appeal' Reco!,s sho0 that on Ap!il %D$ %&&&$ U!ban Ban= ,ecla!e, a ban= holi,a/$ an, the Ban-=o Sent!al n- Pilipinas 2BSP3 o!,e!e, its closu!e' Subse?uentl/$ U!ban Ban= 0as place, un,e! !eceive!ship of the Philippine Deposit Insu!ance Co!po!ation 2PDIC38 five of its senio! officials$ inclu,in- ,efen,ants 2in the t!ial cou!t3 Bo!lon-an an, Be9asa$ 0e!e place, in the hol,*,epa!tu!e list of the Bu!eau of I..i-!ation an, Depo!tation pen,in- investi-ation fo! alle-e, ano.alous t!ansactions 2e'-' violation of the Sin-le Bo!!o0e!5s Fi.it p!ovision of Republic Act No' :C#"$ o! the Eene!al Ban=in- Fa0 of %&&&3 an, ban= f!au, 0hich le, to U!ban Ban=5s financial collapse' Ku!the!.o!e$ seve!al a,.inist!ative$ c!i.inal an, civil cases ha, been file, a-ainst U!ban Ban= officials$ 0ho a!e ,efen,ants in Civil Case No' C;7' Also$ in the Pe6a ,isba!.ent case$ the Cou!t foun, the e(istence of an a-enc/ !elation bet0een Pe6a an, U!ban Ban=$ the!eb/ entitlin- the fo!.e! to collection of fees fo! his se!vices' I.pen,in- insolvenc/ of the a,ve!se pa!t/ constitutes -oo, -!oun, fo! e(ecution pen,inappeal'M 2Fee v' +!ocino$ E'R' No' "D7D7:$ &D Au-ust %&&:$ ;D" SCRA "C:3
<%;

MNeve!theless$ in the inte!est of an o!,e!l/ an, 9u,icious a,.inist!ation of 9ustice$ 0e !esolve to a.en,

specific po!tions of ou! Decision 0hich ,o not affect in an/ si-nificant .anne! the inte-!it/ of ou! o!i-inal ,isposition of the case' +hus$ 0ith !e-a!, to 0hethe! o! not the!e e(ists an a-enc/ !elationship bet0een U!ban Ban= an, Pe6a$ the .atte! shoul, be left to the final ,ete!.ination of the Cou!t in E'R' No' "D%;D%' Anent the soun,ness of the lo0e! cou!t5s -!ant of e(ecution pen,in- appeal$ 0hich necessa!il/ settles the vali,it/ of the Special O!,e! an, @!it of E(ecution$ the ,ecision in E'R' No' "7;:%% .ust be a0aite,' Acco!,in-l/$ ou! o!i-inal ,ispositions !e-a!,in- U!ban Ban=5s liabilit/ to Pe6a an, fin,in- -oo, !easons fo! e(ecution pen,in- appeal a!e he!eb/ 0ith,!a0n in o!,e! to .a=e 0a/ fo! thei! !esolution in the othe! petitions pen,in- 0ith the Cou!t'M 2Fee v' +!ocino$ E'R' No' "D7D7:$ "# Hune %&&#$ ;#& SCRA <%3
<%D

E'R' No' "D7:;C$ "" Ap!il %&&;$ 7;; SCRA %C%'

<%C

M+he !eceive! shall i..e,iatel/ -athe! an, ta=e cha!-e of all the assets an, liabilities of the institution$

a,.iniste! the sa.e fo! the benefit of its c!e,ito!s$ an, e(e!cise the -ene!al po0e!s of a !eceive! un,e! the Revise, Rules of Cou!t but shall not$ 0ith the e(ception of a,.inist!ative e(pen,itu!es$ pa/ o! co..it an/ act that 0ill involve the t!ansfe! o! ,isposition of an/ asset of the institution1 P!ovi,e,$ +hat the !eceive! .a/ ,eposit o! place the fun,s of the institution in non*speculative invest.ents' +he !eceive! shall ,ete!.ine as soon as possible$ but not late! than ninet/ 2#&3 ,a/s f!o. ta=e ove!$ 0hethe! the institution .a/ be !ehabilitate, o! othe!0ise place, in such a con,ition so that it .a/ be pe!.itte, to !esu.e business 0ith safet/ to its ,eposito!s an, c!e,ito!s an, the -ene!al public1 P!ovi,e,$ +hat an/ ,ete!.ination fo! the !esu.ption of business of the institution shall be sub9ect to p!io! app!oval of the Moneta!/ Boa!,' QQQ 2%3 Q +he assets of an institution un,e! !eceive!ship o! li?ui,ation shall be ,ee.e, in custo,ia le-is in the han,s of the !eceive! an, shall$ f!o. the .o.ent the institution 0as place, un,e! such !eceive!ship o! li?ui,ation$ be e(e.pt f!o. an/ o!,e! of -a!nish.ent$ lev/$ attach.ent$ o! e(ecution' Q'M 2Republic Act No' CD;<$ Sec' <&3
<%:

M"' +o p!ohibit the ban= f!o. ,oin- business in the Philippines an, to place its assets an, affai!s un,e!

!eceive!ship in acco!,ance 0ith Section <& of R' A' No' CD;<8 QM 2Moneta!/ Boa!,5s Minute Resolution No' %% ,ate, %D Ap!il %&&&8 !ollo NE' R' No' "7;:"CO $ ol' "$ at %<%3
<%#

MIn connection 0ith the above*!efe!ence, cases$ please be info!.e, that neithe! the un,e!si-ne,

NPe6aO no! the she!iff of R+C B!' D%$ Ba-o Cit/$ has initiate, e(ecution sale activities a-ainst the p!ope!ties an, assets of U!ban Ban= 2UB3 afte! the latte! 0as o!,e!e, close, b/ the Ban-=o Sent!al nPilipinas an, place, un,e! !eceive!ship of the PDIC' IAs the 9u,-.ent c!e,ito! in the afo!e.entione, cases$ I 0oul, li=e to assu!e /ou that no e(ecution sale of UB5s assets shall be sche,ule, o! un,e!ta=en fo! as lon- as the ban= !e.ains un,e! !eceive!ship'M 2Pe6a5s Fette! ,ate, "# Dece.be! %&&&8 !ollo NE' R' No' "7;:"CO$ ol' "$ at ;##3
<<&

Philippine

ete!ans Ban= v' Inte!.e,iate Appellate Cou!t$ E' R' No' C<"D%$ %< Octobe! "#:#$ "C:

SCRA D7;'
<<"

Petitione! U!ban Ban=$ th!ou-h EIB$ ha, p!eviousl/ e(p!esse, its intent to !e,ee. the "& con,o.iniu.

units sol, to inte!veno! Uni.e-a ,u!in- the public e(ecution sale'

<<%

+he R+C*Ba-o Cit/ in the Decision in the .ain case a0a!,e, Pe6a a total of PhP%:$;&&$&&& in

co.pensation an,Po! ,a.a-es8 EIB ten,e!e, th!ee .ana-e!5s chec=s totalin- PhP%%$"&:$:&& to !e,ee.

the "& con,o.iniu. units sol, to inte!veno! Uni.e-a$ an a.ount that is .o!e than th!ee*fou!ths of the a0a!, in the .ain case'
<<<

Klo!en,o v' Pa!a.ount Insu!ance Co!p'$ E' R' No' "DC#CD$ %& Hanua!/ %&"&$ D"& SCRA <CC$ citin-

Cit/ of Ili-an v' P!incipal Mana-e.ent E!oup$ Inc'$ 7;; Phil' <<;$ <77 2%&&<3'
<<7

St!on-hol, Insu!ance$ Co'$ Inc'$ v' Keli($ E' R' No' "7:&#&$ %: Nove.be! %&&D$ ;&: SCRA <;C$ citin-

>ei!s of Macaban-=it San-=a/ v' National Po0e! Co!po!ation$ 7:# SCRA 7&"$ 7"C 2%&&D3'
<<;

MUBI is e(pecte, to !eopen b/ en, of Au-ust %&""' Upon !eopenin- liabilities 2as p!ovi,e, in the

.e.o!an,u. of a-!ee.ent3 up to P;&&$&&& 2inclusive of the P"&&$&&& insu!e, ,eposit3 shall be pai, an, the balance pa/able in the ne(t th!ee 2<3 /ea!s 0ith the fi!st <&A se!vice, on the fi!st /ea!$ <&A on the secon, /ea! an, 7&A on the thi!, /ea!'M 2PDIC Fette! ,ate, "< Au-ust %&&" to Att/' Pe6a8 !ollo NE' R' No' "7;:"CO$ ol' "$ at D;73
<<D

Rule <#$ Sec' # 2a3' Fette! ,ate, &# Nove.be! "###8 R+C !eco!,s$ ol' ;$ at "<&:*"<&#8 Petitione! U!ban Ban=5s ol' "$ at "%C&8 see also

<<C

Me.o!an,u. ,ate, %: Hanua!/ %&&7$ pa!' "%$ at 78 !ollo 2E' R' No' "7;:%%3$

petitione! De Feon E!oup5s Me.o!an,u. ,ate, %& Hanua!/ %&&7$ pa!' "'"%$ at D8 !ollo 2E' R' No' "7;:%%3$ ol' "$ at "%%D'
<<:

I,' +he follo0in- .ana-e!5s chec=s 0e!e attache, to the Manifestation1 2a3 Mana-e!5s Chec= No' :&;C"

<<#

2PhP%%7$&&&38 2b3 Mana-e! Chec= No' :&;C% 2PhP"<$77&$&&&38 an, 2c3 Mana-e!5s Chec= No' :&;C< 2PhP :$77&$:&&3' 2Rollo NE' R' No' "7;:"CO$ ol' %$ at "%:"3
<7&

R+C O!,e! ,ate, "< Nove.be! %&&%8 !ollo 2E' R' No' "7;:"C3$ ol' "$ at "&:D*"&:#' She!iff Silla,o!5s Affi,avits of Non*Re,e.ption both ,ate, &7 Nove.be! %&&%8 !ollo 2E'R' No' No'

<7"

"7;:"C3$ ol' "$ at "&C%*"&C7'

<7%

In that case$ She!iff Allan Silla,o! of R+C*Ba-o Cit/ levie, an, sol, on public auction suppose,l/

con9u-al p!ope!ties of +eo,o!o Bo!lon-an$ Co!a4on Be9asa an, A!tu!o Manuel$ H!'$ ,espite the thi!, pa!t/ clai.s asse!te, b/ thei! !espective spouse' +he Cou!t foun, She!iff Silla,o! a,.inist!ativel/ liable fo! his failu!e to co.pl/ 0ith the .an,ato!/ p!oce,u!es fo! the con,uct of the auction sale' 2A' M' No' P*&C* %<7%$ <" Au-ust %&&C$ ;<" SCRA D;C3
<7<

Afte! the R+C*Ba-o Cit/ -!ante, e(ecution pen,in- appeal in the .ain case$ 9u,-.ent obli-o!s

+eo,o!o Bo!lon-an$ Co!a4on Be9asa an, A!tu!o Manuel$ H!'$ !eceive, a notice of sale on e(ecution of !eal p!ope!ties involvin- thei! !espective lots' +hei! !espective spouses file, NoticesPAffi,avits of +hi!, Pa!t/ Clai. 0ith She!iff Allan Silla,o! an, clai.e, that the levie, p!ope!ties a!e inclu,e, in thei! con9u-al estates' +he sai, a,.inist!ative co.plaint 0as file, 0ith !espect to the i!!e-ula!ities atten,ant the auction

sale of these con9u-al p!ope!ties con,ucte, b/ She!iff Silla,o!' She!iff Silla,o! 0as foun, to foun, -uilt/ of si.ple ne-lect of ,ut/ an, suspen,e, fo! a pe!io, of " .onth 0ithout pa/ 0ith a ste!n 0a!nin- that a !epetition of the sa.e o! si.ila! acts 0ill be ,ealt 0ith .o!e seve!el/' 2Co' v' Silla,o!$ i,'3
<77

Pe6a5s U!-ent O.nibus Motion ,ate, &# Dece.be! %&&% 2!ollo NE' R' No' "7;:"CO$

ol' "$ at "&#&*

""&%38 see also Pe6a5s Supple.ent to the U!-ent O.nibus Motion ,ate, "# Dece.be! %&&% 2!ollo NE' R' No' "7;:"CO$ ol' "$ at ""&D*"""&3
<7;

Inte!veno! Uni.e-a5s Motion fo! Reconsi,e!ation 0ith Inte!vention ,ate, "& Dece.be! %&&%8 !ollo

2E'R' No' "7;:"C3$ ol' "$ at ##"*"&&7'

<7D

SC Resolution ,ate, "< Nove.be! %&&%8 !ollo 2E'R' No' "7;:"C3$ ol' "$ at #::*##&' SC Resolution ,ate, "# Nove.be! %&&"8 !ollo 2E' R' No' "7;:"C3$ ol' "$ at C#7*C#;' ME((ect o( reorg&ni8&tion o( 'i-isions on &ssigned c&ses. = In the !eo!-ani4ation of the .e.be!ship of

<7C

<7:

Divisions$ cases al!ea,/ assi-ne, to a Me.be!*in*Cha!-e shall be t!ansfe!!e, to the Division to 0hich the Me.be!*in*Cha!-e .oves$ sub9ect to the !ule on the !esolution of .otions fo! !econsi,e!ation un,e! Section C of this Rule' +he Me.be!*in*Cha!-e is the Me.be! -iven the !esponsibilit/ of ove!seein- the p!o-!ess an, ,isposition of a case assi-ne, b/ !affle'M 2Inte!nal Rules of the Sup!e.e Cou!t NA' M' No' "&*7*%&*SC$ as a.en,e,O$ Rule %$ Sec' #3
<7#

MP!ivate !espon,ent NPe6aO co.pose, hi.self an, t!ie, to !ecall if the!e 0as an/ pen,in- inci,ent 0ith

this >ono!able Cou!t !e-a!,in- the suspension of the !e,e.ption pe!io, but he coul, not !e.e.be! an/' In an effo!t to hi,e his ,isco.fo!t$ !espon,ent tease, Att/' Sin-son about b!ibin- the ponente to -et such an o!,e!' Much to his su!p!ise$ Att/' Sin-son ,i, not even bothe! to ,en/ an, in fact e(plaine, that the/ obviousl/ ha, to e(e!t e(t!a effo!t because the/ coul, not affo!, to lose the p!ope!ties involve, 2consistin.ainl/ of al.ost all the units in the U!ban Ban= Pla4a in Ma=ati Cit/3 as it .i-ht cause the ban= 2no0 E(po!t In,ust!/ Ban=3 to close ,o0n'M 2Pe6a5s U!-ent Motion to Inhibit an, to Resolve Respon,ent5s U!-ent O.nibus Motion ,ate, <& Hanua!/ %&&D$ at %*<8 see SC +SN ,ate, &< Ma!ch %&&%$ at ;;*;:3
<;&

Fette! Co.plaint ,ate, "D Septe.be! %&"" 2Re1 Hustices Ca!pio an, Se!eno3 file, 0ith the Cou!t5s e!/ U!-ent Motion fo! Re*Raffle

Co..ittee on Ethics an, Ethical Stan,a!,s8 see Supple.ent to the ,ate, %& Septe.be! %&""'
<;"

"' Pe6a5s Motion to Inhibit 2Re1 Hustice A!te.io

' Pan-aniban3 ,ate, "% Hanua!/ %&&"8 %' U!-ent

Motion to Inhibit 2Re1 Hustice A!tu!o Buena3 ,ate, %& Au-ust %&&"8 <' Fette! Co.plaint 2Re1 Hustice Buena3 ,ate, %: Octobe! %&&"8 7' Motion to Inhibit 2Re1 Hustice Pan-aniban3 ,ate, ": Keb!ua!/ %&&%8 ;' Repl/ 2Re1 Hustice Pan-aniban3 ,ate, "; Ma!ch %&&"8 D' U!-ent Motion to Inhibit 2!e1 ponente3 ,ate, <& Hanua!/ %&&<8 C' Motion to Inhibit 2Re1 Hustice Feona!,o A' Luisu.bin-3 ,ate, &: Hul/ %&&78 :' Motion to Inhibit 2Re1 Hustice Pan-aniban3 ,ate, %: Dece.be! %&&78 #' Motion to Inhibit 2Re1 Hustice E,ua!,o

Antonio B' Nachu!a3 ,ate, "C Dece.be! %&&C8 "&' Motion fo! Inhibition 2Re1 Hustice Pan-aniban3 ,ate, %: Dece.be! %&&78 ""' Reite!ato!/ Motion to Recuse ,ate, &< Ma!ch %&&D 2Re1 Hustice Pan-aniban38 "%' Motion to Inhibit 2Re1 Hustice Nachu!a3 ,ate, &C Hanua!/ %&&:8 "<' U!-ent Consoli,ate, Motion to Reite!ate Re?uest fo! Inhibition 2Re1 Hustice Antonio +' Ca!pio3 ,ate, &% Hune %&&:8 "7' U!-ent Motion fo! Re*Raffle 2Re1 Hustice P!esbite!o H' elasco3 ,ate, "& Hul/ %&&:8 ";' Supple.ent to the U!-ent Motion

fo! Re*Raffle 2Re1 Hustices Conchita Ca!pio Mo!ales an, Dante O' +in-a3 ,ate, &7 Au-ust %&&:8 "D' U!-ent Consoli,ate, Motion fo! Re*Raffle 2Re1 Hustices Ca!pio Mo!ales$ +in-a an, elasco3 ,ate, "7

Au-ust %&&:8 "C' U!-ent Consoli,ate, Motion fo! Re*Raffle 2Re1 Hustices A!tu!o D' B!ion$ Feona!,o A' Luisu.bin-$ Ca!pio Mo!ales$ +in-a$ elasco$ Luisu.bin-3 ,ate, %: Au-ust %&&:8 ":' Motion to Inhibit e!/ U!-ent Motion to Inhibit 2Re1 Hustices Ca!pio

2Re1 Hustice Ca!pio3 ,ate, %" Hanua!/ %&"&8 "#'

Mo!ales an, Ma' Fou!,es P' A' Se!eno3 ,ate, <& Ma!ch %&""8 %&' e!/ U!-ent Motion to Inhibit ,ate, %% Au-ust %&"" 2Re1 Hustice Se!eno38 an, %"' e!/ U!-ent Motion to Re*Raffle ,ate, &" Septe.be! %&""

2Re1 Hustices Ca!pio$ Hose Pe!e4 an, Se!eno3'

<;%

Pas!icha v' Don Fuis Dison Realt/$ Inc'$ E' R' No' "<D7&#$ "7 Ma!ch %&&:$ ;7: SCRA %C<' M@e a-!ee that 9u,-es have the ,ut/ of p!otectin- the inte-!it/ of the 9u,icia!/ as an institution 0o!th/ of

<;<

public t!ust an, confi,ence' But un,e! the ci!cu.stances he!e$ 0e also a-!ee that unnecessa!/ inhibition of 9u,-es in a case 0oul, open the floo,-ates to fo!u.*shoppin-' Mo!e so$ consi,e!in- that Hu,-e Ma-pale 0as not the fi!st 9u,-e that +AN ha, as=e, to be inhibite, on the sa.e alle-ation of p!e9u,-.ent' +o allo0 successive inhibitions 0oul, 9ustif/ petitione!s5 app!ehension about the p!actice of ce!tain liti-ants shoppin- fo! a 9u,-e .o!e f!ien,l/ an, s/.pathetic to thei! cause than p!evious ones' IAs hel, in Mateo$ H!' v' >on' illalu4$ the invitation fo! 9u,-es to ,is?ualif/ the.selves nee, not al0a/s

be hee,e,' It is not al0a/s ,esi!able that the/ shoul, ,o so' It .i-ht a.ount in ce!tain cases to thei! bein- !ec!eant about thei! ,uties' It coul, also be an inst!u.ent 0he!eb/ a pa!t/ coul, inhibit a 9u,-e in the hope of -ettin- anothe! .o!e a.enable to his pe!suasion'M 2Chin$ v' Cou!t of Appeals$ E' R' No' "77D":$ "; Au-ust %&&<$ 7&# SCRA %&D8 e.phasis supplie,3
<;7

Rules of Cou!t$ Rule <#$ Sec' ;' Fe-aspi v' On-$ E' R' No' "7"<""$ %D Ma/ %&&;$ 7;# SCRA "%%' Pilipinas Ban= v' Cou!t of Appeals$ E' R' No' #C:C<$ "% Au-ust "##<$ %%; SCRA %D:' Petitione! De Feon E!oup5s Me.o!an,u. ,ate, %& Hanua!/ %&&78 at ";*"D8 !ollo 2E' R' No' "7;:%%3$

<;;

<;D

<;C

ol' "$ at "%<;*"%<D'

<;:

Rules of Cou!t$ Rule <#$ Sec' # 2a3' MFe-al solutions in pa!i .ate!ia a!e not 0antin-' Section % of Rule <# of the Rules of Cou!t autho!i4e fo!

<;#

-oo,s !easons$ the i..e,iate e(ecution of ,ecisions of the Cou!ts of Ki!st Instance ,u!in- the pen,enc/

of an appeal$ but then$ evi,entl/ to avoi, in9ustice$ Section ; of the sa.e Rule p!ovi,es1 \@hen the 9u,-.ent e(ecute, is !eve!se, totall/ o! pa!tiall/ on appeal$ the t!ial cou!t$ on .otion$ afte! the case is !e.an,e, to it$ .a/ issue such o!,e! of !estitution as e?uit/ an, 9ustice .a/ 0a!!ant un,e! the ci!cu.stances'5 I a. a0a!e of no bette! p!inciple than that un,e!l/in- this p!ovision that can be applie, to the case at ba!$ fo! he!e$ as in the case befo!e Us$ the o!,e! of i..e,iate e(ecution is conce,e,l/ autho!i4e, 0hen issue,$ but it is consi,e!e,$ in effect$ as losin- its le-al basis afte! the e(ecute, ,ecision is !eve!se, o! .o,ifie,$ hence the necessit/ of e?uitable !estitution to the pa!t/ p!e9u,ice, b/ the p!e.atu!e e(ecution'M 2Dissentin- Opinion of Hustice Antonio P' Ba!!e,o in Ja!cia v' Cit/ of Ba-uio$ E' R' No' F*%C;D%$ %# Ma/ "#C&$ << SCRA 7"#8 e.phasis supplie,3
<D&

M+he -ist of the appeal is that since the o!,e! fo! the ,is.issal of the case 0as issue, on Au-ust %&$

"#D&$ an, sai, ,is.issal ha, beco.e final$ the cou!t coul, no lon-e! issue its o!,e! of Dece.be! #$ "#D& ,i!ectin- the !etu!n of the p!ope!t/' +he a!-u.ent 0hile appa!entl/ co!!ect 0oul, be p!o,uctive of clea! in9ustice' As a .atte! of p!inciple cou!ts shoul, be autho!i4e,$ as in this case$ at an/ ti.e to o!,e! the !etu!n of p!ope!t/ e!!oneousl/ o!,e!e, to be ,elive!e, to one pa!t/$ if the o!,e! 0as foun, to have been issue, 0ithout 9u!is,iction' Autho!it/ fo! the !etu!n of the p!ope!t/ is e(p!esse, un,e! the p!ovision of Section ; of Rule <#$ Rules of Cou!t QM 2Esle! v' Ella.a$ E' R' No' F*":%<D$ <" Hanua!/ "#D7$ "& SCRA "<:3
<D"

MIt is no ,efense that$ p!io! to the finalit/ of the 9u,-.ent of the appellate cou!t$ the lan, an, its p!o,ucts

ha, been al!ea,/ ,ist!ibute, a.on- the hei!s of the late Cefe!ino Datoon' >is a,.inist!at!i($ appellant he!ein$ pe!sonall/ =ne0 of the clai. of appellee Salas8 she also =ne0$ an, 0as boun, to =no0$ that the 9u,-.ent of the Cou!t of Ki!st Instance ,is.issin- the co.plaint ha, been appeale,$ an, coul, be !eve!se,' It 0as$ the!efo!e$ incu.bent upon he! to !ese!ve the lan, an, its p!o,ucts f!o. ,ist!ibution a.on- the hei!s of Datoon until final 9u,-.ent 0as !en,e!e,$ an, she is pe!sonall/ ans0e!able fo! he! failu!e to ,o so$ apa!t f!o. the obli-ation of the hei!s the.selves not to p!ofit f!o. 0hat is not thei!s'M 2Salas v' Luin-a$ E' R' No' F*%&%#7$ <& Hanua!/ "#D;$ "< SCRA "7<3
<D%

A!an,a v' Cou!t of Appeals$ E' R' No' D<"::$ "< Hune "##&$ ":D SCRA 7;D$ citin- Po Pauco v' +an

Hunco$ 7# Phil' <7# 2"#%D3 an, >ila!io v' >ic=s$ 7& Phil' ;CD 2"#"#3'
<D<

MIt is sub.itte, that un,e! the p!e.ises .ovant*inte!veno! acte, in -oo, faith 0hen it p!ocee,e, to

pa!ticipate in the e(ecution sale ,espite the pen,enc/ of the appeal of the petitione! to this >ono!able Cou!t consi,e!in- that at the ti.e of the sale this >ono!able Cou!t have not /et acte, on the sai, appeal inspite of the fact that the sa.e 0as file, befo!e the sche,ule, e(ecution sale' In such case$ the .ovant* inte!veno! can assu.e in -oo, faith that the inaction on the appeal ta=in- into account the u!-enc/ of the

situation$ 0oul, .ean that the appeal 0as onl/ ,ilato!/ in cha!acte!'M 2Inte!veno! Uni.e-a5s Repl/ ,ate, %% Ma/ %&&<$ at %8 !ollo 2E' R' No' "7;:%%3$ ol' <$ at <;%73
<D7

MReco-er, o( price i( s&.e not e((ecti-e8 re-i-&. o( >udgment' T If the pu!chase! of !eal p!ope!t/ sol, on

e(ecution$ o! his successo! in inte!est$ fails to !ecove! the possession the!eof$ o! is evicte, the!ef!o.$ in conse?uence of i!!e-ula!ities in the p!ocee,in-s conce!nin- the sale$ o! because the 9u,-.ent has been !eve!se, o! set asi,e$ o! because the p!ope!t/ sol, 0as e(e.pt f!o. e(ecution$ o! because a thi!, pe!son has vin,icate, his clai. to the p!ope!t/$ he .a/ on .otion in the sa.e action o! in a sepa!ate action !ecove! f!o. the 9u,-.ent obli-ee the p!ice pai,$ 0ith inte!est$ o! so .uch the!eof as has not been ,elive!e, to the 9u,-.ent obli-o!$ o! he .a/$ on .otion$ have the o!i-inal 9u,-.ent !evive, in his na.e fo! the 0hole p!ice 0ith inte!est$ o! so .uch the!eof as has been ,elive!e, to the 9u,-.ent obli-o!' +he 9u,-.ent so !evive, shall have the sa.e fo!ce an, effect as an o!i-inal 9u,-.ent 0oul, have as of the ,ate of the !evival an, no .o!e'M 2Rules of Cou!t$ Rule <#$ Sec' <78 e.phasis supplie,3
<D;

Inte!veno! Uni.e-a5s E( Pa!te Petition fo! the Issuance of a @!it of Possession ,ate, %: Hune %&&D8

!ollo 2E' R' No' "D%;D%3$ ol' %$ at "";D*""D#'

<DD

Klo!en4 D' Re-ala,o$ Re.e,ial Fa0 Co.pen,iu. II :th e,' 2%&&%3$ at 7%7' Re-ala,o$ i,' at 7%7$ citin- Po Pauco v' +an Huco$ 7# Phil' <7# 2"#%D3' CA Resolution ,ate, "# Octobe! %&&&$ at <*78 !ollo 2E' R' No' "7;:"C3$ ol' "$ at %;*%D'

<DC

<D: