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National Power Corp. vs. Court of Appeals, et al.

NATIONAL POWER CORPORATION, petitioner, vs. HON. COURT OF APPEALS ** and WILMAG IRON MINES, INC., respondents.

G.R. No. L-43814 | 1982-04-16

D E C I S I O N


TEEHANKEE, Actg. C.J.:

The Court, after a review of the judgment dated April 30, 1976 of respondent Court of Appeals, declares that respondent court's conclusions of fact find no support in the evidence and therefore cannot be deemed as binding and conclusive. [1] The Court consequently finds no case for private respondent and sets aside the appellate court's judgment which granted said respondent an "enormous, fantastic and unbelievable" award of over P30-million inclusive of interests of 6% from the filing of the complaint on October 31, 1967 to date (consisting mainly of damages of P15,497,179.50 representing the...