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NGEI Coop vs. FPPI Lease Agreement Dispute by Justin Tayaban is a document available to read on EtoBox.

What is NGEI Coop vs. FPPI Lease Agreement Dispute about?

This case involves a dispute over a lease agreement between NGEI Multi-Purpose Cooperative Inc. (NGEI Coop), an agrarian reform cooperative, and Filipinas Palmoil Plantation Inc. (FPPI) for 3,996.6940 hectares of land. Under the original agreement, FPPI would pay yearly rent to NGEI Coop. The parties later signed an addendum extending the lease for 25 more years. NGEI Coop sought to nullify the lease, claiming the rental rates and economic benefits were unjust. Lower courts upheld the validity of the addend

Author

Justin Tayaban

Language

EN