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Bf Corp. Vs. Edsa Shangri-La Hotel And Resort, et al.

BF CORPORATION, petitioner, vs. EDSA SHANGRI-LA HOTEL and RESORT, INC., RUFO B. COLAYCO, RUFINO T. SAMANIEGO, CYNTHIA DEL CASTILLO, KUOK KHOON CHEN, and KUOK KHOON TSEN, respondents.

G.R. No. 132655 | 1998-08-11

D E C I S I O N

MENDOZA, J:

On July 26, 1993, petitioner BF Corporation brought suit to collect from respondents EDSA Shangri-La Hotel and Resort, Inc. (ESHRI), Rufo B. Colayco, Rufino T. Samaniego, Cynthia del Castillo, Kuok Khoon Chen, and Kuok Khoon Tsen the sum of P31,791,284.72, plus damages. The amount represents the alleged liability of respondents to petitioner for the construction of the EDSA Shangri-La Hotel on St. Francis Street, Mandaluyong City.

The case was assigned to Branch 162 of the Regional Trial Court, Pasig City. After trial, the said court rendered judgment ordering respondents to pay petitioner P24,780,490.00 for...