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A. Mining Corp. vs. Office of the Insurance Comm et

ALMENDRAS MINING CORPORATION, petitioner, vs. OFFICE OF THE INSURANCE COMMISSION and COUNTRY BANKERS INSURANCE CORPORATION, respondents.

G.R. No. L-72878 | 1988-04-15

R E S O L U T I O N


FELICIANO, J.:

At about two-thirty in the morning of 3 September 1984, the marine cargo vessel LCT "Don Paulo," while on a voyage from Davao to Mariveles, Bataan, was forced aground somewhere in the vicinity of Sogod, Tablas Island, Romblon after having been hit by strong winds and tidal waves brought about by tropical typhoon "Nitang" Later that same day, petitioner Almendras Mining Corporation ("Almendras"), owner of the vessel, executed and filed the corresponding Marine Protest. 1 Subsequently, in a letter dated 6 September 1984, 2 petitioner Almendras formally notified the vessels insurer, private respondent...