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Aerospace Chemical Industries vs CA and Philippine Phosphate Fertilizer, Corp.

AEROSPACE CHEMICAL INDUSTRIES, INC., petitioner, vs. COURT OF APPEALS, PHILIPPINE PHOSPHATE FERTILIZER, CORP., respondents.

G.R. No. 108129 | 1999-09-23

 
D E C I S I O N
 
 
QUISUMBING, J.:
 
This petition for review assails the Decision[1] dated August 19, 1992, of the Court of Appeals, which set aside the judgment of the Regional Trial Court of Pasig, Branch 151. The case stemmed from a complaint filed by the buyer (herein petitioner) against the seller (private respondent) for alleged breach of contract. Although petitioner prevailed in the trial court, the appellate court reversed and instead found petitioner guilty of delay and therefore liable for damages, as follows:
 
“WHEREFORE, the Decision of the court a quo is SET ASIDE and a new one rendered,...