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STRONGHOLD INSURANCE COMPANY, INCORPORATED, PETITIONER, VS. INTERPACIFIC CONTAINER SERVICES AND GLORIA DEE CHONG, RESPONDENTS.

STRONGHOLD INSURANCE COMPANY, INCORPORATED, PETITIONER, VS. INTERPACIFIC CONTAINER SERVICES AND GLORIA DEE CHONG, RESPONDENTS.

G.R. No. 194328 | 2015-07-01

FIRST DIVISION
 
D E C I S I O N

PEREZ, J.:

This is a Petition for Review on Certiorari[1] assailing the 30 July 2010 Decision[2] of the Court of Appeals in CA-G.R. CV No. 80557, which affirmed the 7 October 2003 Decision of the Regional Trial Court (RTC) of Caloocan City directing the petitioner Stronghold Insurance Company Incorporated to pay respondents Interpacific Container Services and Gloria Dee Chong the sum of P550,000.00 representing their insurance claim. The dispositive portion of the assailed decision reads:

WHEREFORE, premises considered, the appeal is PARTLY GRANTED. The assailed decision dated October 7, 2003 of the...