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Shangri-la Properties, Inc. vs. BF Corp. [DECISION]

SHANGRI-LA PROPERTIES, INC. (NOW KNOWN AS SHANG PROPERTIES, INC.), PETITIONER, V. BF CORPORATION, RESPONDENT. [G.R. Nos. 187608-09, October 15, 2019] BF CORPORATION, PETITIONER, V. SHANGRI-LA PROPERTIES, INC. (SLPI), NOW KNOWN AS EDSA PROPERTIES HOLDINGS, INC.; THE PANEL OF VOLUNTARY ARBITRATORS (ENGR. ELISEO I. EVANGELISTA, MS. ALICIA TIONGSON, AND ATTY. MARIO EUGENIO V. LIM), ALFREDO C. RAMOS, RUFO B. COLAYCO, ANTONIO B. OLBES, GERARDO O. LANUZA, JR., MAXIMO G. LICAUCO III, AND BENJAMIN C. RAMOS, RESPONDENTS.

G.R. Nos. 187552-53 | 2019-10-15

D E C I S I O N
 
BERSAMIN, C.J.:
 
As a rule, the factual findings of the arbitrators of the Construction Industry Arbitration Commission (CIAC), being final and conclusive, are not reviewable by this Court on appeal. But the rule admits of several exceptions, such as when the findings of the Court of Appeals (CA) are contrary to those made by the arbitrators.[1]
 
The Case
 
Before the Court are the consolidated appeals of Shangri-la Properties, Inc. (SLPI) and BF Corporation (BFC) to separately assail the decision promulgated on August 12, 2008[2] and the resolution promulgated on April 16, 2009,[3] whereby the CA...