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Planters Products vs Fertiphil Corp

PLANTERS PRODUCTS, INC., Petitioner, versus FERTIPHIL CORPORATION, Respondent.

G.R. No. 156278 | 2004-03-29

D E C I S I O N

PUNO, J.:

Before us is a petition for review under Rule 45 assailing the Decision dated July 19, 2002[1] of the Court of Appeals in CA-G.R. SP No. 67434, and its Resolution dated December 4, 2002 denying petitioner's motion for reconsideration.

Petitioner Planters Products, Inc. ("PPI") and respondent Fertiphil Corporation ("Fertiphil") are domestic corporations engaged in the importation and distribution of fertilizers, pesticides and agricultural chemicals. On the strength of Letter of Instruction No. 1465 issued by then President Ferdinand E. Marcos on June 3, 1985, Fertiphil and other domestic...