WebRULES FOR AWARD OF INTEREST IN THE CONCEPT OF ACTUAL & COMPENSATORY DAMAGES (Eastern Shipping Lines v. CA, 234 SCRA 78) When obligation is breached consists in the payment of a sum of money, i., a loan or forbearance of money, the interest due should be that which may have been stipulated in writing. Furthermore, the interest … WebJul 12, 1994 · EASTERN SHIPPING LINES v. CA + DECISION. G.R. No. 97412 EN BANC [ G.R. No. 97412, July 12, 1994 ] ... Civil Code; Ganzon vs. Court of Appeals, 161 SCRA 646; Kui Bai vs. Dollar Steamship Lines, 52 Phil. 863). When the goods shipped either …
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WebThus, from the foregoing, in the absence of an express stipulation as to the rate of interest that would govern the parties, the rate of legal interest for loans or forbearance of any money, goods or credits and the rate allowed in judgments shall no longer be twelve percent (12%) per annum — as reflected in the case of Eastern Shipping Lines ... WebJan 16, 2002 · G.R. No. 136080 - January 16, 2002. EASTERN SHIPPING LINES, INC., Petitioner , vs. COURT OF APPEALS and MANILA GAS CORPORATION, Respondents. The case is a petition for review on certiorari of the decision of the Court of Appeals 1 …
WebOn the payment of interest, the 12% rate is applied only when the obligation breached consists in the payment of a sum of money, i.e., forbearance of money, in the absence of a stipulation. Otherwise the applicable rate is 6% per annum. Upon the finality of this ruling, the rate of interest shall be 12% per annum for the entire judgment, until ... WebEastern Shipping Lines, Inc. vs. Court of Appeals, 234 SCRA 78. Facts: This is an action against defendants shipping company, arrastre operator and broker- forwarder for damages sustained by a shipment while in defendants' custody, filed by the insurer-subrogee who …
WebG.R. No. 189871 : August 13, 2013. DARIO NACAR, Petitioner, v. GALLERY FRAMES AND/OR FELIPE BORDEY, JR., Respondents. PERALTA,J.: FACTS: On October 15, 1998, the Labor Arbiter rendered a Decisionin favor of petitioner and found that he was dismissed from employment without a valid or just cause. Thus, petitioner was awarded backwages … WebEastern Shipping Lines, Inc. v. CA and The First Nationwide Assurance Corp. G.R. No. 97412 July 12, 1994 Vitug, J. FACTS: 13 coils of uncoated 7-wire stress relieved wire strand for pre-stressed concrete were shipped on board a vessel owned and operated by Eastern Shipping Lines at Kobe, Japan, for delivery to Stresstek Post-Tensioning Phils., Inc. in …
Weband it is an established doctrine that subscriptions to the capital stock of a corporation constitute a fund to which creditors have a right to look for satisfaction of their claims (Philippine National Bank vs. Bitulok Sawmill, Inc., 23 SCRA 1366) and, in fact, a corporation has no legal capacity to release a subscriber to its capital stock ...
WebEastern Shipping Lines v. CA GR No. 97412, July 12, 1994 Facts: Petitioner-defendant was consigned to deliver a cargo. Upon embarkment, the cargo was found to be damaged while on transit. Private respondent-plaintiff, Mercantile Insurance, paid the consignee … raymoour and flanigan offersWebJun 29, 1998 · FIRST DIVISION. G.R. No. 116356. June 29, 1998. EASTERN SHIPPING LINES, INC., Petitioner, vs. COURT OF APPEALS and DAVAO PILOTS ASSOCIATION, Respondents. D E C I S I O N. PANGANIBAN, J. In Philippine Interisland Shipping Association of the Philippines vs. Court of Appeals, 1 the Court, en banc, ruled that … simplify outageWebSep 30, 2024 · Saura Import & Export Co., Inc. v. DBP, G.R. No. L-24968 April 27, 1972, 44 SCRA 445 i. Mutual desistance by both parties precludes the recovery of damages for the breach of the promise to raymor and flanagan.comWebFrom Eastern Shipping [Lines, Inc. v. CA] [(G.R. No. 97412, July 12, 1994, 234 SCRA 78)] to Security Bank to Spouses Toring, jurisprudence has repeatedly used the word "shall," a term that has long been settled to denote something imperative or operating to impose a duty. Thus, the rule leaves no room for alternatives or otherwise does not ... raymor carltonWebFrom Eastern Shipping [Lines, Inc. v. CA] [(G.R. No. 97412, July 12, 1994, 234 SCRA 78)] to Security Bank to Spouses Toring, jurisprudence has repeatedly used the word "shall," a term that has long been settled to denote something imperative or operating to impose a … raymor clockWeb9. Article 1173 (Negligence) a. Yambao vs. Zuniga, 418 SCRA 266 b. Eastern Shipping Lines, Inc. vs. Court of Appeals, 234 SCRA 78 10. Article 1174 (Fortuitous Event) b. National Power Corporation vs. Court of Appeals, 222 SCRA 125 c. Philippine Communications Satellite Corporation vs. Globe Telecom, Inc., G.R. No. 147324, May … simplify ottWebNov 28, 2006 · INTEREST – LOAN. In Frias v. Flora San Diego-Sison, G.R. No. 155223, April 3, 2007, there was a contract of sale over a real property for P3,000,000.00. It was stipulated that the buyer has a period of six (6) months to notify the owner of his intention … ray moran international transport