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Land Bank of the Philippines vs. Omengan

LAND BANK OF THE PHILIPPINES, PETITIONER, VS. MIGUEL OMENGAN, RESPONDENT.

G.R. No. 196412 | 2017-07-19

DECISION
 
TIJAM, J.:
 
Petitioner Land Bank of the Philippines[1] (LBP) challenges through this Petition for Review[2] under Rule 45 the Decision[3] dated January 6, 2011 and Resolution[4] dated April 7, 2011 of the Court of Appeals (CA) in CA-G.R. SP No. 110387, which affirmed with modification the Decision[5] dated January 6, 2009 of the Regional Trial Court (RTC) of Bulanao, Tabuk City, Kalinga, Branch 25, sitting as Special Agrarian Court (RTC-SAC).

In its assailed decision and resolution, the CA upheld the RTC-SAC's valuation of just compensation but reduced the interest thereon from twelve percent (12%) to six percent (6%)...