[G.R. No. 126699. January 13, 1999]

AYALA CORP. vs. RAY BURTON DEVELOPMENT CORP.

SECOND DIVISION

Gentlemen:

Quoted hereunder, for your information, is a resolution of this Court dated JAN 13, 1999.

G.R. No. 126699 (Ayala Corporation vs. Ray Burton Development Corporation.)

Acting on the motion of the respondent for reconsideration of the decision of August 7, 1998, the Court RESOLVED to DENY the same with FINALITY, neither compelling reason nor substantial argument having been adduced to warrant the reconsideration sought.

Accordingly, the motion of the petitioner for leave to admit attached "Motion to Strike. . . etc." as well as the aforesaid motion to strike the respondent’s motion for reconsideration of the decision of August 7, 1998, the special appearance of Ongkiko Kalaw Manhit and Acorda Law Offices as counsel for the respondent and respondent’s motion for extension of fifteen (15) days within which to file its opposition to petitioner’s aforesaid motion for leave to admit its motion to strike are all NOTED WITHOUT ACTION.

Very truly yours,

TOMASITA B. MAGAY-DRIS

Clerk of Court