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Land Bank vs. Heirs of Marcos

LAND BANK OF THE PHILIPPINES, PETITIONER, VS. HEIRS OF ANTONIO MARCOS, SR., NAMELY: ANITA M. RUBIO, LOLITA M. PELINO, ANTONIO MARCOS, JR. AND RAMIRO D. MARCOS, RESPONDENTS.

G.R. No. 175726 | 2017-03-22

D E C I S I O N
 
PERALTA, J.:
 
For this Court's resolution is a petition for review on certiorari, dated January 24, 2007, of petitioner Land Bank of the Philippines (LBP), seeking to reverse and set aside the Decision[1] dated May 26, 2006 and Resolution[2] dated December 6, 2006 of the Court of Appeals (CA), affirming the Decision[3] and Order,[4] dated January 23, 2004 and March 30, 2004, respectively, of the Regional Trial Court (RTC), Sorsogon City, Branch 52.

The antecedents are as follows:

The deceased Antonio Marcos, Sr. (Antonio) was the owner of two parcels of agricultural land or landholdings...