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Gilat vs. United Coconut

GILAT SATELLITE NETWORKS, LTD., Petitioner vs. UNITED COCONUT PLANTERS BANK GENERAL INSURANCE CO., INC., Respondent. Present: SERENO, CJ, Chairperson, LEONARDO-DE CASTRO, BERSAMIN, REYES, and CAGUIOA,* JJ.

G.R. No. 189563 | 2016-12-07

Republic of the Philippines
Supreme Court
Manila
 
SPECIAL FIRST DIVISION
 
RESOLUTION
 
SERENO, CJ:
 
Before this Court is petitioner's Motion for Partial Reconsideration and/or For Clarification1 and respondent's Motion for Reconsideration2 of this Court's Decision dated 7 April 2014.3 The Court reversed the Decision4 and Resolution5 of the Court of Appeals (CA) in CA-G.R. CV No. 89263, ordering petitioner and One Virtual Inc., to proceed to arbitration, the outcome of which shall bind the parties herein.
 
In Our Decision dated 7 April 2014, We held that as a surety to the principal contract between petitioner...