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Philippines First Insurance Co., Inc. Vs. Wallem Phils. Shipping, Inc., et al.

PHILIPPINES FIRST INSURANCE CO., INC., Petitioner, versus WALLEM PHILS. SHIPPING, INC., UNKNOWN OWNER AND/OR UNKNOWN CHARTERER OF THE VESSEL M/S “OFFSHORE MASTER” AND “SHANGHAI FAREAST SHIP BUSINESS COMPANY,” Respondents.

G.R. No. 165647 | 2009-03-26

D E C I S I O N


Tinga, J.:

Before us is a Rule 45 petition[1] which seeks the reversal of the Decision[2] and Resolution[3] of the Court of Appeals in CA-G.R. No. 61885. The Court of Appeals reversed the Decision[4] of the Regional Trial Court (RTC) of Manila, Branch 55 in Civil Case No. 96-80298, dismissing the complaint for sum of money.

The facts of the case follow.[5]

On or about 2 October 1995, Anhui Chemicals Import & Export Corporation loaded on board M/S Offshore Master a shipment consisting of 10,000 bags of sodium sulphate anhydrous 99 PCT Min. (shipment), complete and in good order for transportation to and delivery at the...