This case has been cited 3 times or more.
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2015-02-25 |
PERALTA, J. |
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| Effectively, therefore, the debt incurred by the government on account of the taking of the property subject of an expropriation constitutes a forbearance[18] which runs contrary to the trial court's opinion that the same is in the nature of indemnity for damages calling for the application of Article 2209 of the Civil Code. Nevertheless, in line with the recent circular of the Monetary Board of the Bangko Sentral ng Pilipinas (BSP-MB) No. 799, Series of 2013, effective July 1, 2013, the prevailing rate of interest for loans or forbearance of money is six percent (6%) per annum, in the absence of an express contract as to such rate of interest. | |||||
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2014-07-02 |
LEONEN, J. |
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| In Sy v. Local Government of Quezon City,[66] Sy's counsel filed the motion for reconsideration one day late. He explained that "his secretary's inadvertent placing of the date January 27, 2012, instead of January 26, 2012, on the Notice of Decision constitutes excusable negligence which should therefore, justify a relaxation of the rules." [67] | |||||
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2014-02-26 |
MENDOZA, J. |
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| that the mistakes of counsel bind the client, may not be strictly followed where observance of it would result in the outright deprivation of the client's liberty or property, or where the interest of justice so requires.[13] WHEREFORE, the petition is GRANTED. The November 16, 2011 Decision and the September 26, 2012 Resolution of the Court of Appeals in CA-G.R. CV No. 02497 are REVERSED and SET ASIDE. The case is | |||||