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                    [Title] => SC upholds injunction vs. foreclosure of properties
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The Supreme Court has upheld the ruling of the Court of Appeals favoring the Regional Trial Court's issuance of a writ of preliminary mandatory injunction against the foreclosure of mortgaged properties of Mandaue City-based Dacay Group of Companies.


In a 20-page decision, the SC's second division denied the petition of the Far East Bank and Trust Company branch in Cebu for review on certiorari against the injunction that the RTC-Mandaue City branch 56 had issued earlier.


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RAMON DACAY AND ERNESTO DACAY JR.

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                    [ArticleID] => 377838
                    [Title] => SC upholds injunction vs. foreclosure of properties
                    [Summary] => 

The Supreme Court has upheld the ruling of the Court of Appeals favoring the Regional Trial Court's issuance of a writ of preliminary mandatory injunction against the foreclosure of mortgaged properties of Mandaue City-based Dacay Group of Companies.


In a 20-page decision, the SC's second division denied the petition of the Far East Bank and Trust Company branch in Cebu for review on certiorari against the injunction that the RTC-Mandaue City branch 56 had issued earlier.


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SC upholds injunction vs. foreclosure of properties

January 1, 2007 - 12:00am

The Supreme Court has upheld the ruling of the Court of Appeals favoring the Regional Trial Court's issuance of a writ of preliminary mandatory injunction against the foreclosure of mortgaged properties of Mandaue...

Cebu News