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Watercraft vs. Wolfe

WATERCRAFT VENTURE CORPORATION, REPRESENTED BY ITS VICE-PRESIDENT, ROSARIO E. RAÑOA, PETITIONER, VS. ALFRED RAYMOND WOLFE, RESPONDENT.

G.R. No. 181721 | 2015-09-09

D E C I S I O N
 
PERALTA, J.:
 
This is a petition for review on certiorari under Rule 45 of the Rules of Court, seeking to reverse and set aside the Court of Appeals (CA) Resolution[1] dated January 24, 2008 denying the motion for reconsideration of its Decision[2] dated September 27, 2007 in CA-G.R. SP No. 97804.

The facts are as follows:

Petitioner Watercraft Venture Corporation (Watercraft) is engaged in the business of building, repairing, storing and maintaining yachts, boats and other pleasure crafts at the Subic Bay Freeport Zone, Subic, Zambales. In connection with its operations and maintenance of boat...