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Wallem Philippines Shipping, Inc. Vs. S.R. Farms, Inc.

WALLEM PHILIPPINES SHIPPING, INC., Petitioner, versus S.R. FARMS, INC., Respondent.

G.R. No. 161849 | 2010-07-09

D E C I S I O N


PERALTA, J.:

Assailed in the present petition for review on certiorari are the Decision[1] and Resolution[2] of the Court of Appeals (CA) dated June 2, 2003 and January 15, 2004, respectively, in CA-G.R. CV No. 65857. The CA Decision reversed and set aside the Decision[3] dated October 8, 1999 of the Regional Trial Court (RTC) of Manila, Branch 11, in Civil Case No. 93-65021, while the CA Resolution denied petitioners' Motion for Reconsideration.

The facts of the case, as found by the RTC and affirmed by the CA, are as follows:

x x x On March 25, 1992, Continental Enterprises, Ltd. loaded on board the vessel M/V "Hui...