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Diamond Builders Conglomeration vs. Country Bankers Insurance Corp

DIAMOND BUILDERS CONGLOMERATION, ROGELIO S. ACIDRE, TERESITA P. ACIDRE, GRACE C. OSIAS, VIOLETA S. FAIYAZ and EMMA S. CUTILLAR, Petitioners, versus COUNTRY BANKERS INSURANCE CORPORATION, Respondent.

G.R. No. 171820 | 2007-12-13

DECISION


NACHURA, J.:

Before us is a petition for review on certiorari to annul the Decision[1] of the Court of Appeals (CA) in CA-G.R. C.V. No. 48603, which reversed the Decision[2] of the Regional Trial Court, Branch 7, Manila (RTC Manila) in Civil Case No. 92-62029 and granted respondent Country Bankers Insurance Corporation's (Country Bankers') prayer for a sum of money against the petitioners.

The controversy originated from a civil case[3] pending before the Regional Trial Court, Branch 125, Caloocan City (RTC Caloocan) filed by Marceliano Borja (Borja) against Rogelio S. Acidre (Rogelio) for the latter's breach of his...