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Uniwide Sales Realty and Resources Corporation vs. Titan-Ikeda Construction and Development Corporation.

UNIWIDE SALES REALTY AND RESOURCES CORPORATION, Petitioner, versus TITAN-IKEDA CONSTRUCTION AND DEVELOPMENT CORPORATION, Respondent.

G.R. No. 126619 | 2006-12-20

THIRD DIVISION
 
D E C I S I O N 
 
Tinga, J.: 
 
This Petition for Review on Certiorari under Rule 45 seeks the partial reversal of the 21 February 1996 Decision[1] of the Court of Appeals Fifteenth Division in CA-G.R. SP No. 37957 which modified the 17 April 1995 Decision[2] of the Construction Industry Arbitration Commission (CIAC). 
 
The case originated from an action for a sum of money filed by Titan-Ikeda Construction and Development Corporation (Titan) against Uniwide Sales Realty and Resources Corporation (Uniwide) with the Regional Trial Court (RTC), Branch 119,[3] Pasay City arising from Uniwide's...