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UNTIL the Supreme Court issues a final decision on Cebu Gov. Gwendolyn Garcia ’s petition to overturn an order compelling her to pay US$700,000 in debt to a foreign bank, there is no immediate risk that Garcia will face legal repercussions for any civil liability.This is the statement of Garcia’s legal camp on Saturday night, Sept.
Unless and until the Supreme Court decides with finality that this case could still be revived, any attempt to enforce a decision that has been dead for 10 years would be premature,” stressed Garcia’s camp statement.The case originated from the decision of the RTC of Makati Branch 57, which awarded the amount of US$890,347.92, later reduced by the Court of Appeals to US$700,000 in favor of HSBC.
Legal Risk Cebu Gov. Gwendolyn Garcia
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