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Litonjua, Jr. vs. Eternit Corporation

EDUARDO V. LINTONJUA, JR. and ANTONIO K. LITONJUA, Petitioners, versus ETERNIT CORPORATION (now ETERTON MULTI-RESOURCES CORPORATION), ETEROUTREMER, S.A. and FAR EAST BANK & TRUST COMPANY, Respondents.

G.R. No. 144805 | 2006-06-08

FIRST DIVISION
 
D E C I S I O N
 
 
CALLEJO, SR., J.
 
On appeal via a Petition for Review on Certiorari is the Decision [1] of the Court of Appeals (CA) in CA-G.R. CV No. 51022, which affirmed the Decision of the Regional Trial Court (RTC), Pasig City, Branch 165, in Civil Case No. 54887, as well as the Resolution [2] of the CA denying the motion for reconsideration thereof. 
 
The Eternit Corporation (EC) is a corporation duly organized and registered under Philippine laws. Since 1950, it had been engaged in the manufacture of roofing materials and pipe products. Its manufacturing operations were conducted on...