G.R. No. 147628 THIRD DIVISION   LUBECA MARINE MANAGEMENT G.R. No. 147628 (HK) LTD. and GERMAN MARINE   AGENCIES, INC., Present:   Petitioners, YNARES-SANTIAGO, J.,   Chairperson,   AUSTRIA-MARTINEZ,   CHICO-NAZARIO, - versus NACHURA, and   REYES, JJ.       Promulgated:     MATEO ALCANTARA, March 14, 2008 Respondent.     x------------------------------------------------------------------------------------x   RESOLUTION   NACHURA, J.:         Before this Court is a Joint Motion to Approve Compromise Agreement dated January 31, 2008 filed by counsel for petitioner and conformed to by respondent with the assistance of his counsel. The Compromise Agreement, attached to the Joint Motion, reads:   COMPROMISE AGREEMENT WITH QUITCLAIM, RELEASE, WAIVER AND DESISTANCE   KNOW ALL MEN BY THESE PRESENTS:   This COMPROMISE AGREEMENT, made and entered into this 30th day of January 2008, at Pasay City, Philippines, by and between:   MATEO ALCANTARA, Filipino, of legal age, with residence and postal address at Blk. 53, Lot 11, Teachers Village, Catmon, Malabon City, hereinafter