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Malayan Insurance Co., Inc. vs. Ipil International Inc., et al.

MALAYAN INSURANCE CO., INC., Petitioner, versus IPIL INTERNATIONAL INC., ANCHOR ORIENT LINES-SINGAPORE, MED-LINES PHILIPPINES, BALTMED SHIPPING CO., and OCEAN MARINE MUTUAL PROTECTION & INDEMNITY ASSOCIATION, LTD., Respondents.

G.R. No. 141860 | 2006-08-31

THIRD DIVISION
 
D E C I S I O N 
 
TINGA, J.: 
 
In this Petition for Review[1] under Rule 45 of the 1997 Rules of Civil Procedure, petitioner Malayan Insurance Co., Inc. (Malayan) assails the Decision[2] dated 6 October 1999 of the Fifteenth Division of the Court of Appeals in C.A.-G.R. CV No. 56922 and its Resolution[3] dated 2 February 2000 denying its Motion for Reconsideration.[4] 
 
Following are the factual and legal antecedents. 
 
On 25 January 1995, Malayan filed before the Regional Trial Court (RTC) of Manila, Branch 1, a complaint for civil damages, docketed as Civil Case No. 95-72660 (the...