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Heirs of Ramon C. Gaite, et al. vs. The Plaza, Inc. and FGU Insurance Corporation

HEIRS OF RAMON C. GAITE, CYNTHIA GOROSTIZA GAITE and RHOGEN BUILDERS, Petitioners, vs. THE PLAZA, INC. and FGU INSURANCE CORPORATION, Respondents.

G.R. No. 177685 | 2011-01-26

 
THIRD DIVISION
D E C I S I O N

VILLARAMA, JR., J.:

This is a petition for review under Rule 45 of the 1997 Rules of Civil Procedure, as amended, which seeks to reverse and set aside the Decision1 dated June 27, 2006 and Resolution2 dated April 20, 2007 of the Court of Appeals (CA) in CA-G.R. CV No. 58790. The CA affirmed with modification the Decision3 dated July 3, 1997 of the Regional Trial Court (RTC) of Makati City, Branch 63, in Civil Case Nos. 1328 (43083) and 40755.

The facts are as follows:

On July 16, 1980, The Plaza, Inc. (The Plaza), a corporation engaged in the restaurant business, through its President, Jose C. Reyes, entered...