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Schmitz Transport & Brokerage Corporation vs. Transport Venture, Inc., et al

SCHMITZ TRANSPORT & BROKERAGE CORPORATION, Petitioner, versus TRANSPORT VENTURE, INC., INDUSTRIAL INSURANCE COMPANY, LTD., and BLACK SEA SHIPPING AND DODWELL now INCHCAPE SHIPPING SERVICES, Respondents.

G.R. No. 150255 | 2005-04-22

D E C I S I O N 


CARPIO MORALES, J.: 

On petition for review is the June 27, 2001 Decision[1] of the Court of Appeals, as well as its Resolution[2] dated September 28, 2001 denying the motion for reconsideration, which affirmed that of Branch 21 of the Regional Trial Court (RTC) of Manila in Civil Case No. 92-63132[3] holding petitioner Schmitz Transport Brokerage Corporation (Schmitz Transport), together with Black Sea Shipping Corporation (Black Sea), represented by its ship agent Inchcape Shipping Inc. (Inchcape), and Transport Venture Inc. (TVI), solidarily liable for the loss of 37 hot rolled steel sheets in coil that were...