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APO FRUITS CORPORATION and HIJO PLANTATION, INC., Petitioners,vs.LAND BANK OF THE PHILIPPINES, Respondent.

APO Fruits Corporation and Hijo Plantation, Inc. vs. Land Bank of the Philippines

G.R. No. 164195 | 2011-04-05

EN BANC


R E S O L U T I O N


BRION, J.:



We resolve Land Bank of the Philippines' (LBP's) 2nd Motion for Reconsideration of December 14, 2010 that addresses our Resolutions of October 12, 2010 and November 23, 2010. This motion prays as well for the holding of oral arguments. We likewise resolve the Office of the Solicitor General's (OSG) Motion for Leave to Intervene and to Admit Motion for Reconsideration-in-Intervention dated February 15, 2011 in behalf of the Republic of the Philippines (Republic).


The Motion for Reconsideration


The LBP submits the following arguments in support of its 2nd motion for reconsideration:



a) the test of...