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This document summarizes a court case from the Philippines involving a foreign judgment from Japan. It discusses the history of the case, key issues regarding interest rates and currency conversion, and analyzes the relevant laws. The Court of Appeals ruled that the applicable conversion rate for paying the foreign debt in pesos should be the rate at the time of payment, not at the time of the original judgment. The Supreme Court affirmed this decision.

Author

MADEE VILLANUEVA

Language

EN