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San Miguel Corp. vs Heirs Of Sabiniano Inguito, And Julius Ouano, 384 SCRA 87

SAN MIGUEL CORPORATION, petitioner, vs. HEIRS OF SABINIANO INGUITO, and JULIUS OUANO, respondents.

G.R. No. 141716 | 2002-07-04

FIRST DIVISION

D E C I S I O N 

YNARES-SANTIAGO, J.: 

San Miguel Corporation entered into a Time Charter Party Agreement with Julius Ouano, doing business under the name and style J. Ouano Marine Services. Under the terms of the agreement, SMC chartered the M/V Doña Roberta owned by Julius Ouano for a period of two years, from June 1, 1989 to May 31, 1991, for the purpose of transporting SMC's beverage products from its Mandaue City plant to various points in Visayas and Mindanao. Pertinent portions of the Time Charter Party Agreement state: 

1. OWNER [i.e., Ouano] warrants ownership, title and interest over the vessel DOá'A...