A proceeding quasi in rem is one brought against persons seeking to subject the property of such persons to the discharge of the claims assailed.61 In an action quasi in rem, an individual is names as defendant and the purpose of the proceeding is to subject his interests therein to the obligation or loan burdening the property.62 In an action quasi in rem, an individual is named as defendant. But, unlike suits in rem, a quasi in rem judgment is conclusive only between the parties.63 The following are some of the examples of actions quasi in rem: suits to quiet title; actions for foreclosure; and attachment proceedings.
BASECO vs. PCGG Digest
Facts BASECO (Bataan Shipyard and Engineering Co. Inc.) challenged the PCGG sequestration orders issued in accordance with EOs 1 and 2 of President Cory Aquino. PCGG was directed to (1) sequester the