- Petitioner
- Stronghold Steel Corporation
- Respondent
- National Grid Corporation of the Philippines
- Citation
- G.R. No. 209273
- Court
- Supreme Court
- Division
- Second Division
- Decided
- July 15, 2020
Summary
Stronghold Steel Corporation filed a petition challenging the Court of Appeals' reversal of an Energy Regulatory Commission decision favorable to them in a billing dispute with National Grid Corporation. The case concerned the billing arrangement for electricity transmission services used by Stronghold in their steel manufacturing business. The dispute originated at the ERC, went to the Court of Appeals which reversed the ERC's decision, and then reached the Supreme Court on petition for review. However, before the Supreme Court could rule on the merits, the parties reached an amicable settlement. Stronghold subsequently filed a Motion to Withdraw with Prejudice, which the Supreme Court granted on July 15, 2020, citing Article 1306 of the Civil Code and recognizing that settlements to avoid litigation are encouraged legal practice.