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Danzas Intercontinental, Inc., et al. vs. Henry M. Daguman, et al

DANZAS INTERCONTINENTAL, INC., and CLAUDE F. SCHAER, Petitioners, versus HENRY M. DAGUMAN, AMADOR T. CASTRO, RICHARD F. SALVADOR and JONAS CULALA, Respondents.

G.R. No. 154368 | 2005-04-15

D E C I S I O N 
 
 
Tinga, J.: 
 
Danzas Intercontinental, Inc. (company), a corporation registered under Philippine laws, is engaged in the business of forwarding. It also used to engage in the brokerage business. 
 
In this Petition for Review,[1] the company and Claude F. Schaer (collectively, petitioners) assail the Decision[2] of the Court of Appeals dated May 27, 2002 which ruled that private respondents were illegally dismissed by petitioners as the latter failed to substantiate their claim of serious business losses that would justify the closure of the company's brokerage operations. The appellate...