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MIC vs PECI

MILWAUKEE INDUSTRIES CORPORATION, Petitioner, versus PAMPANGA III ELECTRIC COOPERATIVE, INC., Respondent.

G.R. No. 152569 | 2004-05-31

D E C I S I O N


Tinga, J.:



The case at bar is simple in the sense that its adjudication calls for nothing but the enforcement of the plain terms of the contract involved. The simplicity of the decisive issue notwithstanding, the case pays off a dividend. It puts in focus the structure of the electric power industry which underlies the prestation established in the contract.



Before the Court is a Petition for Review on Certiorari assailing the Decision[1] of the Court of Appeals dated September 7, 2001 in CA-G.R. No. 62131[2] and its Resolution dated March 6, 2002, denying the Motion for Reconsideration filed by petitioner...