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SC upholds CA ruling over SMC’s claim of Malinta Estate ownership By Benjamin B. Pulta 02/14/2012

Tuesday, February 14, 2012

SC upholds CA ruling over SMC’s claim of Malinta Estate ownership

By Benjamin B. Pulta 02/14/2012

A ruling by the Supreme Court (SC) has upheld the ruling of the Court of Appeals (CA) in favor of the San Miguel Corporation (SMC) over the ownership of more than 8,000 square meters in Valenzuela known as the Malinta Estate.

In its decision by Associate Justice Mariano del Castillo, the high court’s First Division upheld the CA decision of April 21, 2006 decision on the case.Chief Justice Renato Corona and Associate Justices Teresita Leonardo-de Castro, Martin Villarama, Jr. concurred.

The CA had affirmed the trial court’s judgment, which dismissed a complaint for the nullification of the title of SMC predecessor-in-interest, Ramie Textile , Inc., over Lot 1131 of the Malinta Estate and granted Ramitex’ prayer for the cancellation of petitioner Leoncio Oliveros’ title over the subject property..... MORE

SourceThe Daily Tribune

URL: http://www.tribuneonline.org/nation/20120214nat1.html

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