Title
Guerrero Estate Development Corp. vs. Leviste and Guerrero Realty Corp.
Case
G.R. No. 253428
Decision Date
Feb 16, 2022
Heirs formed GEDCOR, entered a joint venture with ADRC, and later with Conrad Leviste to develop land. Dispute arose when LGRC stopped remitting GEDCOR's 45% rental share. SC upheld RTC's deposit order as a provisional remedy, preserving income pending case resolution.

Case Summary (G.R. No. 253428)

Factual Background

GUERRERO ESTATE DEVELOPMENT CORPORATION traced its title to land inherited from Guillerma Santos and her surviving heirs who formed GEDCOR in 1985 after engaging in joint ventures to develop portions of the property. A 1,506-square-meter parcel of that property was developed into a warehouse pursuant to a June 2, 1987 agreement between GEDCOR and Conrad Leviste. The agreement contemplated construction by Leviste and the later formation of a corporation holding the asset with participation of forty-five percent for GEDCOR and fifty-five percent for Leviste.

Formation of LGRC and Leasing History

After completing the warehouse at an estimated cost of P995,102.20, Conrad Leviste organized Leviste & Guerrero Realty Corporation (LGRC) on August 3, 1988. LGRC leased the warehouse beginning in 1988 and historically remitted forty-five percent of rental receipts to GEDCOR while retaining fifty-five percent for Leviste or the corporate respondent, until remittances ceased in June 2009.

Dispute and Pleadings

When remittances stopped, GEDCOR asserted that the joint venture had no fixed term, that Leviste had recouped his investment, and that the Court should fix the term under Article 1197, Civil Code or otherwise declare termination and require accounting. GEDCOR filed a Complaint for Fixing of Period under Article 1197, Collection of Sum of Money and/or Accounting against Conrad and LGRC; it alleged arrears totaling P2,596,041.09 as of September 1, 2011 and sought an accounting and collection of GEDCOR’s forty-five percent share thereafter. Conrad and LGRC countered that the agreement was an intra-corporate or partnership matter governed by the Corporation Code, that GEDCOR was not a stockholder of LGRC, and that distribution of dividends or withholding thereof was a corporate managerial prerogative.

Trial Court Proceedings and the Motion to Deposit

During pretrial and trial, GEDCOR filed a separate Motion to Deposit Rentals in Court seeking an order directing Conrad and LGRC to deposit in custodia legis GEDCOR’s claimed forty-five percent share of rental income, specifically PHP 5,936,461.65 for June 1, 2009 to September 30, 2015 and forty-five percent of rents thereafter. On February 19, 2018, Branch 274, RTC, Parañaque City granted the Motion to Deposit and directed defendants to deposit the specified amounts, and it denied reconsideration on September 6, 2018.

Court of Appeals Ruling

The Court of Appeals granted respondents’ petition for certiorari under Rule 65 and reversed and set aside the RTC Orders. The CA concluded that the RTC committed grave abuse of discretion because the Deposit Order resembled a preliminary attachment under Rule 57 yet was obtained without complying with that rule’s procedures, and because the Deposit Order constituted a prejudgment by adopting GEDCOR’s computation of obligations without a complete accounting or supporting documents.

Parties’ Positions Before the Supreme Court

GEDCOR argued that the RTC properly issued a preservatory deposit order under the court’s inherent powers as embodied in Sections 5(g) and 6, Rule 135, that the deposit order was not a species of attachment triggering Rule 57, and that the order was provisional and preservatory rather than a determination on the merits. Respondents maintained that the deposit order operated as an attachment in all but name and that the RTC prejudged the merits by fixing an amount without the accounting that the complaint sought.

Issue Presented

The sole issue before the Supreme Court was whether the Court of Appeals erred in finding grave abuse of discretion by the RTC in granting GEDCOR’s Motion to Deposit.

Jurisdictional and Intra-Corporate Dispute Analysis

The Supreme Court determined that the RTC properly acquired subject-matter jurisdiction over Civil Case No. 12-003. The Court explained that the question whether a case involves an intra-corporate controversy is governed by the relationship test and the nature of the controversy test as articulated in prior jurisprudence. The Court found no intra-corporate dispute because GEDCOR was not a stockholder of LGRC, and the dispute did not involve enforcement of correlative rights under the Corporation Code. The Court relied on its decisions in Gonzales v. GJH Land, Inc. and related authorities to emphasize that erroneous raffling to a regular RTC branch is procedural and does not deprive the RTC of jurisdiction conferred by RA 8799 over cases formerly cognizable by the SEC.

Nature and Basis of Provisional Deposit Orders

Turning to the remedy, the Supreme Court reaffirmed that provisional deposit orders exist as an extraordinary preservatory remedy grounded in the courts’ inherent powers under Sections 5(g) and 6, Rule 135, even though Rules 57 to 61 do not expressly enumerate deposit. The Court relied on Lorenzo Shipping Corporation v. Villarin to describe two categories of provisional deposit orders: (one) where the depositor cannot contest demandability because the relief sought renders the depositor’s claim effectively renounced, and (two) where the depositor regularly receives payments from a nonparty during litigation and the court places those payments in custodia legis pending resolution of entitlement.

Application of Doctrine to the Present Case

The Court concluded that the RTC’s Deposit Order fell within the second category because LGRC regularly received rental payments from the lessee and historica

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