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Eastern Shipping Lines, Inc. Vs. BPI/MS Insurance Corp., and Mitsui Sumitomo Insurance Co., Ltd.

EASTERN SHIPPING LINES, INC., Petitioner vs. BPI/MS INSURANCE CORP., and MITSUI SUMITOMO INSURANCE CO., LTD., Respondents.

G.R. No. 193986 | 2014-01-15

FIRST DIVISION

DECISION

VILLARAMA, JR., J.:

Before this Court is a petition 1 for review on certiorari under Rule 45 of the 1997 Rules of Civil Procedure, as amended, seeking the reversal of the Decision2 of the Court of Appeals (CA) in CA-G.R. CV No. 88361, which affirmed with modification the Decision3 of the Regional Trial Court (RTC), ofMakati City, Branch 138 in Civil Case No. 04-1005.

The facts follow:

On August 29, 2003, Sumitomo Corporation (Sumitomo) shipped through MV Eastern Challenger V-9-S, a vessel owned by petitioner Eastern Shipping Lines, Inc. (petitioner), 31 various steel sheets in coil weighing 271,828 kilograms from...