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Camp John Hay Development Corp. vs. Charter Chemical

CAMP JOHN HAY DEVELOPMENT CORPORATION, PETITIONER, VS. CHARTER CHEMICAL AND COATING CORPORATION, RESPONDENT.

G.R. No. 198849 | 2019-08-07

DECISION
 
LEONEN, J.:
 
Rescission under Article 1191 of the Civil Code is the proper remedy when a party breaches a reciprocal obligation. Because each case has its own distinct circumstances, this Court's power to fix a period of an obligation under Article 1197 is discretionary and should be exercised only if there is just cause.

This resolves a Petition for Review on Certiorari[1] assailing the May 13, 2011 Decision[2] and September 30, 2011 Resolution[3] of the Court of Appeals in CA-G.R. SP No. 108335. The Court of Appeals affirmed the March 30, 2009 Final Award[4] in CIAC Case No. 19-2008 issued by the...