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Roberto O. Ariola, et al. vs. Philex Mining Corporation, et al.

ROBERTO O. ARIOLA, FRANCO MALLARE, BENJAMIN BIETE & HERMOGENES MAMAYSON, all members of PHILEX MINES SUPERVISORY EMPLOYEES UNION, Petitioners, versus PHILEX MINING CORPORATION and VOLUNTARY ARBITRATOR NORMA B. ADVINCULA, Respondents.

G.R. No. 147756 | 2005-08-09

FIRST DIVISION

D E C I S I O N 

CARPIO, J.: 

The Case 

This is a petition for review[1] of the Court of Appeals' Decision[2] dated 7 September 2000 and its Resolution dated 3 April 2001. The 7 September 2000 Decision denied petitioners' petition while the 3 April 2001 Resolution denied their motion for reconsideration. 

The Facts 

Petitioners Roberto Ariola, Franco Mallare, Benjamin Biete and Hermogenes Mamayson ("petitioners") are former supervisors of respondent Philex Mining Corporation ("Philex"). In 1992, Philex sustained financial losses in its operations. To save costs, Philex adopted several measures including...