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Gilat Satellite Networks Ltd., vs. United Coconut Planters Bank (UCPB) General Insurance Co., Inc.

GILAT SATELLITE NETWORKS, LTD., Petitioner, vs. UNITED COCONUT PLANTERS BANK GENERAL INSURANCE CO., INC., Respondent.

G.R. No. 189563 | 2014-04-07

FIRST DIVISION
DECISION

SERENO, CJ:
 
This is an appeal via a Petition for Review on Certiorari 1 filed 6 November 2009 assailing the Decision2 and  Resolution3 of the Court of Appeals (CA) in CA-G.R. CV No. 89263, which reversed the Decision4 of  the Regional Trial Court (RTC), Branch 141, Makati City in Civil Case No. 02-461, ordering respondent to pay petitioner a sum of money.
 
The antecedent facts, as culled from the CA, are as follows:

On September 15, 1999, One Virtual placed with GILAT a purchase order for various telecommunications equipment (sic), accessories, spares, services and software,...