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 … WebTopic: INTEREST ISSUE: Petitioners: EASTERN SHIPPING LINES INC (1)Whether the applicable rate of interest is twelve percent (12%) or six percent. Respondents: HON. COURT OF APPEALS and MERCANTILE INSURANCE COMPANY, (6%) - 6%. INC. , (2) Whether the payment of legal interest on an award of loss or damage is to be.
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WebFrom 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 ... 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 …
WebThe CA decision, finding that NLRC exceeded its authority in affirming the payment of 13th month pay and indemnity, lapsed to finality and was subsequently returned to the labor arbiter of origin for execution. ... 32 G.R. No. 97412, July 12, 1994, 234 SCRA 78. 33 Eastern Shipping Lines, Inc. v. Court of Appeals, supra, at 95-97. (Citations ... 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 ...
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 ... 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 …
WebNov 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 …
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 … design by rachel office chairWebSep 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 design by snips italyWebJul 12, 1994 · Eastern Shipping vs CA. GR No. 97412, 12 July 1994. 234 SCRA 78. FACTS Two fiber drums were shipped owned by Eastern Shipping from Japan. The shipment as insured with a marine policy. Upon arrival in Manila unto the custody of … design by robert frost imageryWebSep 11, 2009 · THIRD DIVISION [G.R. NO. 174116 : September 11, 2009] EASTERN SHIPPING LINES, INC., Petitioner, v. PRUDENTIAL GUARANTEE AND ASSURANCE, INC., Respondent. D E C I S I O N. DEL CASTILLO, J.: Before this Court is a Petition for … chubby baby in bathing suitWebJun 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 … chubby baker salt lake cityWebJul 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 … designbytheboysWebJun 16, 2024 · Toring vs Sps Ganzon-Olan, GR #168782, Oct 10, 2008; 568 SCRA 376 23. Eastern Shipping vs CA, 234 SCRA 78 24. Manzano vs Lazaro, 669 SCRA 209 (2012) 25. Fil-Estate vs Sps Ronquillo, GR #185798, Jan 13, 2014 26. Buenviaje vs Sps Salonga, GR #216023. Oct 5, 2016 27. Anchor Savings Bank vs Furigay, GR #191178, March 13, … design by rachel high back mesh office chair