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Land Bank of the Philippines Vs. Heirs of Domingo

LAND BANK OF THE PHILIPPINES, Petitioner, versus HEIRS OF ANGEL T. DOMINGO, namely MA. ALA F. DOMINGO and MARGARITA IRENE F. DOMINGO, Respondents.

G.R. No. 168533 | 2008-02-04

D E C I S I O N


CARPIO, J.:

The Case

The Land Bank of the Philippines (LBP) filed this Petition for Review[1] to reverse the Court of Appeals' Decision[2] dated 30 March 2005 in CA-G.R. SP No. 85510 as well as the Resolution dated 9 June 2005 denying the Motion for Reconsideration. In the assailed decision, the Court of Appeals affirmed the Decision[3] dated 12 April 2004 of the Regional Trial Court, Branch 33 (trial court) in Guimba, Nueva Ecija. The trial court, acting as a Special Agrarian Court, directed LBP and the Department of Agrarian Reform (DAR) to pay P15,223,050.91 as just compensation for 262.2346 hectares of land covered...