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Country Bankers Insurance Corporation vs. Keppel Cebu Shipyard, Inc., et al.

COUNTRY BANKERS INSURANCE CORPORATION, Petitioner, vs. KEPPEL CEBU SHIPYARD, UNIMARINE SHIPPING LINES, INC., PAUL RODRIGUEZ, PETER RODRIGUEZ, ALBERT HONTANOSAS, and BETHOVEN QUINAIN, Respondents.

G.R. No. 166044 | 2012-06-18

FIRST DIVISION

D E C I S I O N

 

 

LEONARDO-DE CASTRO, J.:

 

 

This is a petition for review on certiorari[1] to reverse and set aside the January 29, 2004 Decision[2] and October 28, 2004 Resolution[3] of the Court of Appeals in CA-G.R. CV No. 58001, wherein the Court of Appeals affirmed with modification the February 10, 1997 Decision[4] of the Regional Trial Court (RTC) of Cebu City, Branch 7, in Civil Case No. CBB-13447.

 

          Hereunder are the undisputed facts as culled from the records of the case.

 

On January 27,...