Title
Bank of the Philippine Islands vs. HontaNo.s, Jr.
Case
G.R. No. 157163
Decision Date
Jun 25, 2014
BPI challenged a writ of preliminary injunction preventing foreclosure on mortgaged properties; SC annulled the writ, ruling respondents failed to prove irreparable injury, but upheld proper venue as a personal action.

Case Digest (G.R. No. 157163)
Expanded Legal Reasoning Model

Facts:

  • Background
    • On May 22, 2001, Spouses Silverio and Zosima Borbon, Spouses Xerxes and Erlinda Facultad, and XM Facultad & Development Corporation (“respondents”) filed Civil Case No. CEB-26468 in RTC Branch 16, Cebu City, praying for:
      • Declaration of nullity of promissory notes, real estate and chattel mortgages, continuing surety agreement executed in favor of Bank of the Philippine Islands (“petitioner”);
      • Damages and attorney’s fees;
      • Issuance of a TRO or preliminary injunction to enjoin petitioner from foreclosing on the mortgages or using postdated checks as evidence in criminal complaints under BP No. 22.
    • They alleged an outstanding loan obligation of ₱17,983,191.49 secured by:
      • Real estate mortgages on several parcels of land;
      • A chattel mortgage on a Mitsubishi Pajero;
      • A continuing surety agreement.
They had paid only ₱13 million due to the 1997 Asian financial crisis and claimed they were forced to sign pre-printed standard loan and mortgage documents.
  • Lower Court Proceedings
    • On June 6, 2001, petitioner filed its answer with affirmative defenses, counterclaim, opposition to injunctive relief, and a motion to dismiss for:
      • Improper venue;
      • Non-payment of correct docket fees;
      • Lack of personality or indispensable party issues (Zosima Borbon deceased; no board resolution by XM Facultad);
      • Failure to state a cause of action.
    • RTC Order of July 5, 2001 denied the motion to dismiss but granted the respondents’ application for a preliminary injunction upon a ₱2 million bond, enjoining petitioner from:
      • Foreclosing the mortgaged properties;
      • Taking possession of the Mitsubishi Pajero;
      • Using the postdated checks as basis for criminal complaints.
    • RTC denied petitioner’s motion for reconsideration on August 22, 2001.
    • On July 9, 2002, the CA in G.R. No. 157163 affirmed both RTC orders, ruling:
      • Docket fees were properly paid or could be excused in the interest of justice;
      • The action was a personal action and venue in Cebu City was proper;
      • Zosima Borbon’s death did not require dismissal;
      • Preliminary injunction was not an abuse of discretion.

Issues:

  • Dismissal of Civil Case No. CEB-26468
    • Should the case be dismissed for non-payment of correct docket fees?
    • Should the case be dismissed for improper venue?
  • Preliminary Injunction
    • Was the issuance of the writ of preliminary injunction enjoining petitioner from foreclosure, taking possession of the chattel, and using the postdated checks legally proper?

Ruling:

  • (Subscriber-Only)

Ratio:

  • (Subscriber-Only)

Doctrine:

  • (Subscriber-Only)

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