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UCPB General Insurance Co., Inc. Vs. Aboitiz Shipping Corp., Eagle Express Lines, Damco Intermodal Services, Inc. and Pimentel Customs Brokerage Co.

UCPB GENERAL INSURANCE CO., INC., Petitioner, versus ABOITIZ SHIPPING CORP. EAGLE EXPRESS LINES, DAMCO INTERMODAL SERVICES, INC., and PIMENTEL CUSTOMS BROKERAGE CO., Respondents.

G.R. No. 168433 | 2009-02-10

D E C I S I O N


Tinga, J.:

UCPB General Insurance Co., Inc. (UCPB) assails the Decision[1] of the Court of Appeals dated October 29, 2004, which reversed the Decision[2] dated November 29, 1999 of the Regional Trial Court of Makati City, Branch 146, and its Resolution[3] dated June 14, 2005, which denied UCPB's motion for reconsideration.

The undisputed facts, culled from the assailed Decision, are as follows:

On June 18, 1991, three (3) units of waste water treatment plant with accessories were purchased by San Miguel Corporation (SMC for brevity) from Super Max Engineering Enterprises, Co., Ltd. of Taipei, Taiwan. The goods came...