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Financial Building Corporation vs. Rudlin International Corporation

FINANCIAL BUILDING CORPORATION, PETITIONER, VS. RUDLIN INTERNATIONAL CORPORATION, BLOOMFIELD EDUCATIONAL FOUNDATION, INC., RODOLFO J. LAGERA, MA. ERLINDA J. LAGERA AND JOSAPHAT R. BRAVANTE, RESPONDENTS. RUDLIN INTERNATIONAL CORPORATION, BLOOMFIELD EDUCATIONAL FOUNDATION, INC., RODOLFO J. LAGERA, MA. ERLINDA J. LAGERA AND JOSAPHAT R. BRAVANTE, PETITIONERS, VS. FINANCIAL BUILDING CORPORATION, RESPONDENT.

G.R. No. 164186 and G.R. No. 164347 | 2010-10-04

THIRD DIVISION
 
D E C I S I O N
 
VILLARAMA, JR., J.:
 
The present consolidated petitions for review under Rule 45 assail the Decision [1] dated December 12, 2003 of the Court of Appeals (CA) in CA-G.R. CV No. 41224 which affirmed with modification the Decision [2] dated January 12, 1993 of the Regional Trial Court (RTC) of Makati City, Branch 65 in Civil Case No. 16266.
 
The Facts

Sometime in October 1985, Rudlin International Corporation (Rudlin) invited proposals from several contractors to undertake the construction of a three-storey school building and other appurtenances thereto at Vista...