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Land Bank of the Philippines Vs. Heirs of Honorio De Leon, represented by Ambrosio De Leon

LAND BANK OF THE PHILIPPINES, Petitioner, versus HEIRS OF HONORATO DE LEON, represented by AMBROCIO DE LEON, Respondent.

G.R. No. 164025 | 2009-05-08

D E C I S I O N


Tinga, J.:

This is a petition for review[1] on certiorari under Rule 45 of the 1997 Rules of Civil Procedure, assailing the decision[2] and resolution[3] of the Court of Appeals in CA-G.R. SP No. 77619. The assailed decision dismissed for lack of merit petitioner's appeal from the decision[4] of the Regional Trial Court (RTC), Branch 26, Cabanatuan City ordering the payment of just compensation to respondents while the resolution denied petitioner's motion for reconsideration.[5]

The following factual antecedents are undisputed.

Petitioner Land Bank of the Philippines (LBP) is a government banking institution...