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LAND BANK OF THE PHILIPPINES, PETITIONER, VS. JAIME K. IBARRA, et al., RESPONDENTS.

LAND BANK OF THE PHILIPPINES, PETITIONER, VS. JAIME K. IBARRA, ANTONIO K. IBARRA, JR., LUZ IBARRA VDA. DE JIMENEZ, LEANDRO K IBARRA, AND CYNTHIA IBARRA-GUERRERO, RESPONDENTS.

G.R. No. 182472 | 2014-11-24

THIRD DIVISION
 
D E C I S I O N

PERALTA, J.:

Before the Court is a petition for review under Rule 45 of the Rules of Court seeking to reverse and set aside the Decision1 dated April 10, 2008 of the Court Appeals (CA) which affirmed, with modification, the Amended Decision2 dated May 11, 2007 and Order3 dated August 2, 2007 of the Regional Trial Court (RTC) in Agrarian Case No. 02-001.
 
The antecedent facts are as follows:
 
Respondents Jaime K. Ibarra, Antonio K. Ibarra, Jr., Luz Ibarra Vda. de Jimenez, Leandro K. Ibarra, and Cynthia Ibarra-Guerrero are the registered owners of a parcel of agricultural land...