Ponente: REGALADO, J.
Decision Date: 1989-11-06
GR Number: G.R. No. 84979
Digest Team
3 months ago
Avg. Rating:
Summary:
This case involves a complaint filed by FCP Credit Corporation against Jose Orosa, seeking a writ of replevin to seize a motor vehicle covered by a chattel mortgage. The trial court rendered a judgment dismissing the complaint, declaring that FCP Credit Corporation was not entitled to the writ of replevin, and ordering FCP Credit Corporation to pay damages to Orosa. Orosa filed a motion for execution of the judgment pending appeal, which was opposed by petitioner Stronghold Insurance Co., Inc. The trial court granted the motion and issued a writ of execution pending appeal. Petitioner filed a petition for certiorari with the Court of Appeals, seeking to annul the orders of the trial court. The Court of Appeals dismissed the petition, finding no grave abuse of discretion. Petitioner now seeks to set aside the decision of the Court of Appeals.
Doctrine:
The filing of an application for judgment on the bond is essential to hold the surety liable for damages resulting from a judgment in favor of the party against whom the writ of replevin was issued. The application must be filed before the judgment becomes executory, with due notice to the attaching creditor and his surety. A proper hearing must be held, where the attaching creditor and sureties may be heard on the application. All incidents arising from the same controversy must be settled in the same court having jurisdiction of the main action.
Facts:
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Issues Ratio:
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Dispositive:
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Other Notes:
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.
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