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Subic Bay Distribution, Inc. vs. Western Guaranty Corp.

SUBIC BAY DISTRIBUTION, INC., PETITIONER, VS. WESTERN GUARANTY CORP., RESPONDENT.

G.R. No. 220613 | 2021-11-11

D E C I S I O N
 
LAZARO-JAVIER, J.:
 
THE CASE

This petition for review on certiorari assails the following dispositions of the Court of Appeals in CA-G.R. CV No. 101337 entitled Subic Bay Distribution, Incorporated v. Western Guaranty Corporation:
 
1. Decision[1] dated April 14, 2015 which reversed the ruling of the Regional Trial Court (RTC) - Makati City in Civil Case No. 02-1524 holding respondent liable under the contract of surety; and
 
2. Resolution[2] dated September 17, 2015, denying petitioner's motion for reconsideration.
 
ANTECEDENTS

Petitioner Subic Bay Distribution, Inc. (SBDI) entered into...