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Land Bank of the Philippines vs. Rural Bank of Hermosa [DECISION]

LAND BANK OF THE PHILIPPINES, PETITIONER, VS. RURAL BANK OF HERMOSA (BATAAN), INC., RESPONDENT.

G.R. No. 181953* | 2017-07-25

D E C I S I O N
 
PERLAS-BERNABE, J.:
 
Before the Court is a petition for review on certiorari[1] assailing the Decision[2] dated September 28, 2007 and the Resolution[3] dated February 20, 2008 of the Court of Appeals (CA) in CA-G.R. SP No. 96701, which affirmed the Decision[4] dated June 19, 2006 and the Order[5] dated October 4, 2006 of the Regional Trial Court of Bataan, Branch 1 (RTC) in Civil Case No. 6428 fixing the just compensation for respondent Rural Bank of Hermosa (Bataan), Inc.'s (respondent) 1.572 hectares (has.) agricultural land acquired by the government (subject land) at P30.00 per square meter (sq. m.).
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