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Eastern Assurance and Surety Corporation Vs. Con-Field Construction and Development Corporation

EASTERN ASSURANCE and SURETY CORPORATION, Petitioner, CON-FIELD CONSTRUCTION and DEVELOPMENT CORPORATION, Respondent.

G.R. No. 159731 | 2008-04-22

D E C I S I O N


AUSTRIA-MARTINEZ, J.:

Before the Court is a Petition for Review on Certiorari under Rule 45 of the Rules of Court assailing the March 28 2003 Decision[1] and August 26, 2003 Resolution[2] of the Court of Appeals (CA) in CA-G.R. CV No. 68409.

The facts of the case are as follows:

Con-Field Construction and Development Corporation (Con-Field) is a domestic corporation contracted by the ABS-CBN Corporation to construct and install a centralized air-conditioning system in the latter's building in Bacolod City, Negros Occidental.

In a document notarized on November 23, 1995, Con-Field (respondent) entered into an...