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Asian Terminals, Inc. Vs. First Lepanto-Taisho Insurance Corporation

ASIAN TERMINALS, INC., Petitioner vs. FIRST LEPANTO-TAISHO INSURANCE CORPORATION, Respondent,

G.R. No. 185964. | 2014-06-16

FIRST DIVISION
 
DECISION

REYES, J.:
 
This is a Petition for Review on Certiorari1 under Rule 45 of the Rules of Court seeking to annul and set aside the Decision2 dated October 10, 2008 of the Court of Appeals (CA) in CA-G.R. SP No. 99021 which adjudged petitioner Asian Terminals, Inc. (ATI) liable to pay the money claims of respondent First Lepanto-Taisho Insurance Corporation (FIRST LEPANTO).
 
The Undisputed Facts

On July 6, 1996,3 3,000 bags of sodium tripolyphosphate contained in 100 plain jumbo bags complete and in good condition were loaded and received on board M/V “Da Feng”...