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Lazaro Pasco and Lauro Pasco Vs. Heirs of Filomena De Guzman, represented by Cresencia De Guzman

LAZARO PASCO and LAURO PASCO, Petitioners, versus HEIRS OF FILOMENA DE GUZMAN, represented by CRESENCIA DE GUZMAN- PRINCIPE, Respondents.

G.R. No. 165554 | 2010-07-26

D E C I S I O N


DEL CASTILLO, J.:

No court should shield a party from compliance with valid obligations based on wholly unsubstantiated claims of mistake or fraud. Having refused to abide by a compromise agreement, the aggrieved party may either enforce it or regard it as rescinded and insist upon the original demand.

This Petition for Review on Certiorari[1] assails the May 13, 2004 Decision[2] of the Court of Appeals (CA) and its October 5, 2004 Resolution[3] in CA-G.R. SP No. 81464 which dismissed petitioners' appeal and affirmed the validity of the parties' Compromise Agreement.

Factual Antecedents

The present petition began with...