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Shrimp Specialist, Inc., Vs. Fuji-Triumph Agri-Industrial Corporation

SHRIMP SPECIALISTS, INC., Petitioner, versus FUJI-TRIUMPH AGRI-INDUSTRIAL CORPORATION, Respondent

G.R. No. 168756 | 2009-12-07

D E C I S I O N


CARPIO, J.:

The Case

This is a consolidation of two separate petitions. In G.R. No. 168756, Shrimp Specialists, Inc. (Shrimp Specialists) filed a Petition for Review on Certiorari[1] assailing the Court of Appeals' Decision[2] dated 28 June 2005 in CA-G.R. CV No. 57420. In the assailed decision, the Court of Appeals (CA) ordered Shrimps Specialists to pay Fuji-Triumph Agri-Industrial Corporation (Fuji) the following:

1. the sum of P767,427.00 representing the principal amount for the deliveries made by plaintiff from June to July 1989 inclusive plus six percent (6%) thereon per annum computed from extrajudicial demand,...