Back

Continental Airlines, Inc. vs. Consuelo Y. Santiago

CONTINENTAL AIRLINES, INC. and AIR MICRONESIA, INC., petitioners, vs. HON. CONSUELO Y. SANTIAGO, Judge, RTC, Makati, Br. 149, the SECURITIES & EXCHANGE COMMISSION, ALBERTO P. ATAS, etc., and ARPAN AIR, INC., represented by CUSTODIO A. PARLADE, respondents, TRANS PACIFIC AIR SERVICE CORPORATION, intervenor.

G.R. No. 84764 | 1989-04-18

D E C I S I O N


NARVASA, J.:

The special civil action of certiorari at bar was instituted for the nullification of a writ of preliminary injunction issued by respondent Regional Trial Court Judge in Case No 88-1466 shortly after commencement of the suit. The writ enjoined the attempted cancellation by petitioners of their contracts with respondent Arpan Air, Inc., and ordered the maintenance of the status quo. The writ was predicated chiefly on the Court's holding that the stipulation in said contracts granting each of the parties the right to terminate the agreements in its "complete discretion" and "with or without cause," by simply...