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Pioneer Insurance & Surety Corp. vs. The insurance Company

PIONEER INSURANCE & SURETY CORPORATION, PETITIONER, VS. THE INSURANCE COMPANY, SUCCESSOR BY MERGER TO CLEARWATER INSURANCE COMPANY, RESPONDENT.

G.R. No. 256177 |

SECOND DIVISION

D E C I S I O N
 
LOPEZ, M., J.:
 
This Court resolves the Petition for Review on Certiorari[1] of Pioneer Insurance & Surety Corporation (Pioneer) from the Court of Appeals' (CA's) Decision[2] dated June 19, 2020 and Resolution[3] dated February 24, 2021 in CA-G.R. SP No. 149206, upholding the Decision[4] of the Regional Trial Court of the City of Makati, Branch 141 (RTC) dated September 21, 2016 and the Order[5] dated December 16, 2016 in SP. Proc. Case No. M-7984, which confirmed, recognized, and enforced the Final Award of the United States (US) Board of Arbitrators dated...