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	GR NO. 155683 2007-02-16	PETRON CORPORATION v. NATIONAL COLLEGE OF BUSINESS CORONA, J.
On February 28, 1985, during the pendency of Civil Case No. 83-16617, Enrique's ½ undivided interest in the V. Mapa properties was levied on in execution of a judgment of the RTC of Makati (the Makati case)[5] holding him liable to Petron (then known as Petrophil Corporation) on a 1972 promissory note. On April 29, 1985, the V. Mapa properties were sold at public auction to satisfy the judgments in the Manila and Makati cases. Petron, the highest bidder, acquired both Felipe's and Enrique's undivided interests in the property. The final deeds of sale of Enrique's and Felipe's shares in the V. Mapa properties were awarded to Petron in 1986. Sometime later, the Monserrats' TCTs were cancelled and new ones were issued to Petron. Thus it was that, towards the end of 1987, Petron intervened in NCBA's suit against Felipe, Enrique and DBP (Civil Case No. 83-16617) to assert its right to the V. Mapa properties.