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Just Compensation in Eminent Domain Case by Rae Angela Garcia is a document available to read on EtoBox.

This case involves the expropriation of over 1,338 hectares of land owned by APO Fruits Corporation and Hijo Plantation for an agrarian reform program. While the Land Bank of Philippines paid an initial valuation of around 5% of the actual value, it took them almost 12 years to pay the full compensation, paying the remaining balance in 2008. The Court ruled that the owners were entitled to 12% interest per annum on the unpaid balance from the date of expropriation in 1996 until full payment in 2008 to compe

Author

Rae Angela Garcia

Language

EN