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UNKNOWN OWNER OF VESSEL M v. ASIAN TERMINALS

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GR No. 179789
2015-06-17
PINEWOOD MARINE v. EMCO PLYWOOD CORPORATION
REYES, J.
In Unknown Owner of the Vessel M/V China Joy, Samsun Shipping Ltd., and Inter-Asia Marine Transport, Inc. v. Asian Terminals, Inc.,[60] the Court discusses the rates of interests imposable upon different kinds of obligations, viz:In Nacar v. Gallery Frames, the Court declared: