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Apo Fruits Corporation and Hijo Plantation, Inc. vs. Court of Appeals, and Land Bank of the Philippines [Resolution]

APO FRUITS CORPORATION and HIJO PLANTATION, INC. Petitioners, versus THE HON. COURT OF APPEALS and LAND BANK OF THE PHILIPPINES, Respondents

G.R. No. 164195 | 2009-12-04

RESOLUTION

BERSAMIN, J.:

This case originated from the Third Division, which rendered its decision on February 6, 2007 in favor of petitioners Apo Fruits Corporation (AFC) and Hijo Plantation, Inc. (HPI). On December 19, 2007, however, the Third Division modified its decision upon the motion for reconsideration of respondent Land Bank of the Philippines (Land Bank), deleting the award of interest and attorney's fees.

For consideration and resolution is the second motion for reconsideration (with respect to the denial of the award of legal interest and attorney's fees) filed by AFC and HPI.

Antecedents

On October 12, 1995, AFC and HPI...