G.R. No. 182472 - LAND BANK OF THE PHILIPPINES, VS. JAIME K. IBARRA, ANTONIO K. IBARRA, JR., LUZ IBARRA VDA. DE JIMENEZ, LEANDRO K IBARRA, AND CYNTHIA IBARRA-GUERRERO.D E C I S I O N - Supreme Court E-Library

Ruling

WHEREFORE, premises considered, judgment is hereby rendered in favor of the plaintiff by modifying the computation of the respondent Department of Agrarian Reform (DAR), as approved by respondent Land Bank of the Philippines (LBP), for reasons aforestated by ordering respondent Land Bank of the Philippines: To pay the petitioners the sum of five hundred thirty-nine thousand one hundred sixty and 88/100 (P539,160.08) (sic) in cash and bond pursuant to Section 18 of R. A. No. 6657 less the amount received in cash and bond as provisional payment pending the determination on the merits of this case with savings bank rate of interest from April 2001 until the date of finality of this Decisions; To pay the petitioners the sum of thirty thousand (P30,000.00) pesos as attorney's fees and cost of suit. SO ORDERED.