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Wellex Group, Inc. vs. U-Land Airlines, Co., Ltd.

THE WELLEX GROUP, INC., PETITIONER, VS. U-LAND AIRLINES, CO., LTD., RESPONDENT.

G.R. No. 167519 | 2015-01-14

SECOND DIVISION
D E C I S I O N

LEONEN, J.:

This is a Petition[1] for Review on Certiorari under Rule 45 of the Rules of Court. The Wellex Group, Inc. (Wellex) prays that the Decision[2] dated July 30, 2004 of the Court of Appeals in CA-G.R. CV No. 74850 be reversed and set aside.[3]
 
The Court of Appeals affirmed the Decision[4] of the Regional Trial Court, Branch 62 of Makati City in Civil Case No. 99-1407. The Regional Trial Court rendered judgment in favor of U-Land Airlines, Co., Ltd. (U-Land) and ordered the rescission of the Memorandum of Agreement[5] between Wellex and U-Land.[6]
 
Wellex is a corporation established under...