PUROMINES, INC., petitioner, vs. COURT OF APPEALS

Jun 21st, 2015
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the respondent Court of Appeals dated November 16, 1989 1 reversing the order of the trial court and dismissing petitioner's complaint in Civil Case No. 89-47403, entitled Puromines, Inc. v. Maritime Factors, Inc. and Philipp Brothers Oceanic, Inc. Culled from the records of this case, the facts show that petitioner, Puromines, Inc. (Puromines for brevity) and Makati Agro Trading, Inc. (not a party in this case) entered into a contract with private respondent Philipp Brothers Oceanic, Inc. for the sale of prilled Urea in bulk. The Sales Contract No. S151.8.01018 provided, among others an arbitration clause which states, thus: 9. Arbitration Any disputes arising under this contract shall be settled by arbitration in London in accordance with the Arbitration Act 1950 and any statutory amendment or modification thereof. Each party is to appoint an Arbitrator, and should they be unable to agree, the decision of an Umpire appointed by them to be final. The Arbitrators and Umpire are all to b

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G.R. No. 91228 March 22, 1993PUROMINES, INC.,petitioner,vs.COURT OF APPEALS and PHILIPP BROTHERS OCEANIC, INC.,respondents.Fajardo Law Offices for petitioner.Del Rosario & Del Rosario for private respondent.NOCON,J.:This is a special civil action forcertiorariand prohibition to annul and set aside the Decision of the respondent Court of Appeals dated November 16, 19891reversing the order of the trial court and dismissing petitioner's complaint in Civil Case No. 89-47403, entitled Puromines, Inc. v. Maritime Factors, Inc. and Philipp Brothers Oceanic, Inc.Culled from the records of this case, the facts show that petitioner, Puromines, Inc. (Puromines for brevity) and Makati Agro Trading, Inc. (not a party in this case) entered into a contract with private respondent Philipp Brothers Oceanic, Inc. for the sale of prilled Urea in bulk. The Sales Contract No. S151.8.01018 provided, among others an arbitration clause which states, thus:9. ArbitrationAny disputes arising under this contract shall be settled by arbitration in London in accordance with the Arbitration Act 1950 and any statutory amendment or modification thereof. Each party is to appoint an Arbitrator, and should they be unable to agree, the decision of an Umpire appointed by them to be final. The Arbitrators and Umpire are all to be commercial men and resident in London. This submission may be made a rule of the High Court of Justice in England by either party.2On or about May 22,

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