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Malayan Insurance Co., Inc. vs. Philippine First Insurance, Co., Inc., et al.

MALAYAN INSURANCE CO., INC., Petitioner, vs. PHILIPPINES FIRST INSURANCE CO., INC. and REPUTABLE FORWARDER SERVICES, INC., Respondents.

G.R. No. 184300 | 2012-07-11

SECOND DIVISION
D E C I S I O N
 
REYES, J.:

Before the Court is a petition for review on certiorari filed by petitioner Malayan Insurance Co., lnc. (Malayan) assailing the Decision1 dated February 29, 2008 and Resolution2 dated August 28, 2008 of the Court of Appeals (CA) in CA-G.R. CV No. 71204 which affirmed with modification the decision of the Regional Trial Court (RTC), Branch 38 of Manila.
 
Antecedent Facts
 
Since 1989, Wyeth Philippines, Inc. (Wyeth) and respondent Reputable Forwarder Services, Inc. (Reputable) had been annually executing a contract of carriage, whereby the latter undertook to transport and deliver the...