THIRD DIVISION
[ G.R. No. 218966. August 01, 2022 ]SOUTHSTAR CONSTRUCTION v. PHILIPPINE ESTATES CORPORATION +
SOUTHSTAR CONSTRUCTION AND DEVELOPMENT CORPORATION, PETITIONER, VS. PHILIPPINE ESTATES CORPORATION, RESPONDENT.
D E C I S I O N
SOUTHSTAR CONSTRUCTION v. PHILIPPINE ESTATES CORPORATION +
SOUTHSTAR CONSTRUCTION AND DEVELOPMENT CORPORATION, PETITIONER, VS. PHILIPPINE ESTATES CORPORATION, RESPONDENT.
D E C I S I O N
GAERLAN, J.:
Before the Court is a Petition for Review on Certiorari[1] dated August 24, 2015 filed by petitioner Southstar Construction and Development Corporation (Southstar), praying for the reversal of the Decision[2] dated January 22, 2015 and the Resolution[3] dated June 16, 2015 of the Court of Appeals (CA) in CA-G.R. CV No. 101973.
The Factual Antecedents
Sometime in 2005, Southstar and Philippine Estates Corporation (PHES) entered into three different Construction Agreements, wherein Southstar was engaged to undertake various construction projects in Jaro Estates, Iloilo City.[4]
Under the First Construction Agreement[5] dated March 31, 2005, Southstar was tasked to construct three Model Houses located at Coastal Villas, Jaro Estates, Iloilo City, for a total amount of
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Sometime in 2005, Southstar and Philippine Estates Corporation (PHES) entered into three different Construction Agreements, wherein Southstar was engaged to undertake various construction projects in Jaro Estates, Iloilo City.[4]
Under the First Construction Agreement[5] dated March 31, 2005, Southstar was tasked to construct three Model Houses located at Coastal Villas, Jaro Estates, Iloilo City, for a total amount of