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PNOC Shipping and Transport Corporation vs. Court of Appeals and Efigenia Fishing Corporation

PNOC SHIPPING AND TRANSPORT CORPORATION, petitioner, vs. HONORABLE COURT OF APPEALS and MARIA EFIGENIA FISHING CORPORATION, respondents.

G.R. No. 107518 | 1998-10-08

D E C I S I O N


ROMERO, J.:

A party is entitled to adequate compensation only for such pecuniary loss actually suffered and duly proved.1 [Kierulf v. Court of Appeals, 269 SCRA 433 (1997); Article 2199, Civil Code.] Indeed, basic is the rule that to recover actual damages, the amount of loss must not only be capable of proof but must actually be proven with a reasonable degree of certainty, premised upon competent proof or best evidence obtainable of the actual amount thereof.2 [Bernardo v. Court of Appeals (Special Sixth Division), 275 SCRA 413 (1997); Development Bank of the Philippines v. Court of Appeals, 249 SCRA 331 (1995); Lufthansa...