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Land Bank of the Philippines vs. Sps. Cortez

LAND BANK OF THE PHILIPPINES, PETITIONER, VS. SPOUSES LYDIA G. CORTEZ AND CARLOS CORTEZ, RESPONDENTS.

G.R. No. 210422 | 2022-09-07

D E C I S I O N
 
GAERLAN, J.:
 
This is a Petition for Review on Certiorari[1] dated January 17, 2014 filed by petitioner Land Bank of the Philippines (LBP) assailing the Decision[2] dated July 9, 2013 and the Resolution[3] dated December 16, 2013 promulgated by the Court of Appeals (CA) in CA-G.R. SP. No. 123233, which affirmed the Decision[4] dated December 21, 2011 of the Regional Trial Court (RTC) of Legazpi City, Branch 3, acting as a Special Agrarian Court.

In its decision, the RTC fixed the amount of just compensation for the expropriated 6.0004 hectare land owned by respondent spouses Lydia and Carlos...