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The Insular Life Assurance Company, Ltd. vs CA, et al.

THE INSULAR LIFE ASSURANCE COMPANY, LTD., petitioner, vs. COURT OF APPEALS and SUN BROTHERS & COMPANY, respondents.

G.R. No. 126850 | 2004-04-28

D E C I S I O N

AUSTRIA-MARTINEZ, J.:

Before the Court is a petition for review on certiorari under Rule 45 of the Rules of Court which seeks the reversal of the Decision,[1] dated May 20, 1996, of the Court of Appeals (CA for brevity) in CA-G.R. CV No. 46987 affirming the Decision,[2] dated April 25, 1994, rendered by the Regional Trial Court (Branch 150), Makati City (RTC for brevity) in Civil Case No. 92-27754 extending the lease contract subject of the petition for declaratory relief and ordering petitioner to pay attorney's fees and costs.

The factual antecedents are as follows:

On September 24, 1992, Sun Brothers & Company (Sun...