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What is Landbank vs. Megaworld Case Summary about?

This case involves a dispute between Land Bank of the Philippines and Megaworld Corporation over payment for a construction project. The Construction Industry Arbitration Commission (CIAC) granted claims to both parties and determined a net award in favor of Land Bank for around 6 million pesos. Both parties appealed to the Court of Appeals, which revised the award and increased the net amount in favor of Megaworld to 35.8 million pesos. Land Bank appealed to the Supreme Court challenging components of the

Author

Alljun Serenado

Language

EN