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Consolidated Dairy Products Co., Et Al. Vs. Court Of Appeals, Et Al.

CONSOLIDATED DAIRY PRODUCTS CO., JESUS B. BITO and FEDERICO B. GUILAS, as Acting Trustees of CONSOLIDATED PHILIPPINES, INC. and DAIRY EXPORT CO., INC., petitioners, vs. THE COURT OF APPEALS and STANDARD INVESTMENT CORPORATION, respondents.

G.R. No. 100401 | 1992-08-24

D E C I S I O N


MEDIALDEA, J.:

This is a petition for review on certiorari of the decision of the Court of Appeals in CA-G.R. CV No. 01644 entitled "Consolidated Dairy Products Co., et al., versus The Court of Appeals and Standard Investment Corporation," which affirmed in toto the decision of the then Court of First Instance (now Regional Trial Court) of Rizal (Pasay City).

The facts of the case as summarized by the trial court and adopted by the Court of Appeals are as follows:

"Sometime in 1956 Consolidated Dairy Products Company, Inc., a foreign corporation in Seattle, Washington, U.S.A. (hereinafter referred to as Consolidated...