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Land Bank of the Philippines vs. Franco

LAND BANK OF THE PHILIPPINES, PETITIONER, V. LUCY GRACE AND ELMA GLORIA FRANCO, REPRESENTED BY ATTORNEY-IN-FACT VICENTE GUSTILLO, JR., RESPONDENTS.

G.R. No. 203242 | 2019-03-12

D E C I S I O N
 
LEONEN, J.:
 
The final determination of just compensation is vested in courts. In the recent case of Alfonso v. Land Bank,[1] this Court, through Associate Justice Francis H. Jardeleza, ruled that courts may deviate from the basic formula provided by administrative agencies if it finds, in its discretion, that other factors must be taken into account in the determination of just compensation. Deviation, however, must be grounded on a reasoned explanation based on the evidence on record. Absent this, the deviation will be considered as grave abuse of discretion.[2]
 
For this Court's resolution is a...