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Iron Bulk Shipping Philippines, Co., Ltd., Vs. Remington Industrial Sales Corporation.

IRON BULK SHIPPING PHILIPPINES, CO., LTD., petitioner, vs. REMINGTON INDUSTRIAL SALES CORPORATION, respondent.

G.R. No. 136960 | 2003-12-08

D E C I S I O N

AUSTRIA-MARTINEZ, J.:

Before us is a petition for review on certiorari under Rule 45 of the Rules of Court assailing the August 28, 1998 Decision[1] and the December 24, 1998 Resolution of the Court of Appeals in CA-G.R. CV No. 49725,[2] affirming in toto the decision of the Regional Trial Court of Manila (Branch 9).

The factual background of the case is summarized by the appellate court, thus:

Sometime in the latter part of 1991, plaintiff Remington Industrial Sales Corporation (hereafter Remington for short) ordered from defendant Wangs Company, Inc. (hereafter Wangs for short) 194 packages of hot rolled steel sheets,...