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Heirs of Feliciano et al. vs. Land Bank

HEIRS OF PABLO FELICIANO, JR., namely: LOURDES FELICIANO TUDLA, GLORIA FELICIANO CAUDAL, GABRIELA FELICIANO BAUTISTA, ANGELA FELICIANO LUCAS, DONNA CELESTE FELICIANOGATMAITAN, CYNTHIA CELESTE FELICIANO, and HECTOR REUBEN FELICIANO, represented by its assignee, VICTORIA ALDA REYES ESPIRITU, Petitioners, vs. LAND BANK OF THE PHILIPPINES, Respondent. Present: SERENO, C.J., Chairperson, LEONARDO-DE CASTRO, DEL CASTILLO, PERLAS-BERNABE, and CAGUIOA, JJ.

G.R. No. 215290 | 2017-01-11

Republic of the Philippines
Supreme Court
Manila
 
FRST DIVISION
 
 
D E C I S I O N
 
PERLAS-BERNABE, J.:
 
Before the Court is a petition for review on certiorari[1] assailing the Amended Decision[2] dated October 24, 2014 of the Court of Appeals (CA) in CA-G.R. SP No. 122761, directing respondent the Land Bank of the Philippines (LBP) to pay petitioner, Victoria Aida Reyes Espiritu (Espiritu) the amount of P1,892,471.01, representing the interest due on the balance of the revalued just compensation which accrued from July 1, 2009 until December 13, 2011, with interest at the rate of 6% per annum (p.a.) from...