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Provident Insurance Corp. vs. Court of Appeals and Azucar Shipping Corp.

PROVIDENT INSURANCE CORP., petitioner, vs. HONORABLE COURT OF APPEALS and AZUCAR SHIPPING CORP., respondents.

G.R. No. 118030 | 2004-01-15

D E C I S I O N

YNARES-SANTIAGO, J.:

This is a petition for review under Rule 45 of the Rules of Court assailing the Decision of the Court of Appeals dated November 15, 1994, which affirmed the appealed Orders dated August 12, 1991 and February 4, 1992 issued by the Regional Trial Court of Manila, Branch 51, in Civil Case No. 91-56167.

The pertinent facts as culled from the stipulation of facts submitted by the parties are as follows:

On or about June 5, 1989, the vessel MV "Eduardo II" took and received on board at Sangi, Toledo City a shipment of 32,000 plastic woven bags of various fertilizer in good order and condition for...