Back

RP vs CA and R&B Surety and Insurance

REPUBLIC OF THE PHILIPPINES, represented by the Bureau of Customs, petitioner, vs. THE HONORABLE COURT OF APPEALS AND R & B SURETY AND INSURANCE, INC., respondent.

G.R. No. 103073 | 1999-09-14

D E C I S I O N


PURISIMA, J.:

At bar is a petition for review on certiorari under Rule 45 of the Revised Rules of Court seeking review of the Decision dated November 27 1991 of the Court of Appeals in CA G.R. CV No. 21966.

The facts that matter are as follows:

Endelo Manufacturing Corporation (Endelo) is a domestic corporation engaged in the manufacture of embroidery and apparel articles for export using imported raw materials. Sometime between 1969 and 1970, Endelo imported from Kobe1 [Japan.], Keelung2 [Taiwan.] and New York, several bales of raw materials including the items involved in the present controversy, covered by eleven...