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Torres-Madrid Brokerage Inc. vs. Feb Mitsui Marine etc.

TORRES-MADRID BROKERAGE, INC., PETITIONER, VS. FEB MITSUI MARINE INSURANCE CO., INC. AND BENJAMIN P. MANALASTAS, DOING BUSINESS UNDER THE NAME OF BMT TRUCKING SERVICES, RESPONDENTS.

G.R. No. 194121 | 2016-07-11

D E C I S I O N
 
BRION, J.:
 
We resolve the petition for review on certiorari challenging the Court of Appeals' (CA) October 14, 2010 decision inCA-G.R. CV No. 91829. [1]

The CA affirmed the Regional Trial Court's (RTC) decision in Civil Case No. 01-1596, and found petitioner Torres-Madrid Brokerage, Inc. (TMBI) and respondent Benjamin P. Manalastas jointly and solidarily liable to respondent FEB Mitsui Marine Insurance Co., Inc. (Mitsui) for damages from the loss of transported cargo.
 
Antecedents
 
On October 7, 2000, a shipment of various...