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B.D. Long Span Builders, Inc. Vs. R.S. Ampeloquio Realty Development Inc.

B. D. LONG SPAN BUILDERS, INC., Petitioner, versus R. S. AMPELOQUIO REALTY DEVELOPMENT, INC., Respondent.

G.R. No. 169919 | 2009-09-11

D E C I S I O N


CARPIO, J.:

The Case

This is a petition for review[1] of the Court of Appeals' Decision[2] dated 14 July 2005 and Resolution dated 30 September 2005 in CA-G.R. CV No. 78259. The Court of Appeals reversed the Decision[3] dated 14 January 2003 of the Regional Trial Court of Muntinlupa City, Branch 206 (RTC).

The Antecedent Facts

Petitioner B. D. Long Span Builders, Inc. and respondent R. S. Ampeloquio Realty Development, Inc. are corporations duly organized and existing under the laws of the Republic of the Philippines.

On 31 July 1999, petitioner and respondent entered into an Agreement wherein petitioner agreed to...