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Land Bank of the Philippines Vs. Esther Anson Rivera, Antonio G. Anson and Cesar G. Anson

Land Bank of the Philippines, Petitioner Vs. Esther Anson Rivera, Antonio G. Anson and Cesar G. Anson, Respondents

G.R. No. 182431 | 2013-02-27



SPECIAL FIRST DIVISION 

RESOLUTION

PEREZ,J.: 

The Case 

Before the Court is a Motion for Reconsideration1 filed by the Land Bank of the Philippines (LBP) alleging error on the part of this Court in affirming the award of 12% interest on just compensation due to the landowner. 

The Facts

We reiterate the facts from the assailed 17 November 2010 Decision: 

The respondents are the co-owners of a parcel of agricultural land embraced by Original Certificate of Title No. P-082, and later transferred in their names under Transfer Certificate of Title No. T-95690 that was placed under the Operation...