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About Republic of The Philippines: Supreme Court
1) The Supreme Court of the Philippines was ruling on a petition challenging a lower court's decision regarding just compensation for land acquired under an agrarian reform program. 2) The lower court had ruled that the landowners should receive compensation of PHP100,000 per hectare for 44.3090 hectares of land that was distributed to farmer beneficiaries, plus 6% annual interest from the date of acquisition until full payment. 3) On appeal, the petitioner argued that compensation should have been calculated according to the formula under the decree that initially covered the acquisition, rather than a later law.
Detailed Information
| Author: | ['Andrea A'] |
|---|---|
| Publication Year: | 2018 |
| Pages: | 15 |
| Language: | English |
| Format: | |
| Price: | FREE |
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