Category Archives: Land Bank

The interest of the Republic, for whom the OSG speaks, has been amply protected through the direct action of petitioner LBP – the government instrumentality created by law to provide timely and adequate financial support in all phases involved in the execution of needed agrarian reform.

The OSG’s Intervention           The interest of the Republic, for whom the OSG speaks, has been amply protected through the direct action of petitioner LBP – the government instrumentality created by law to provide timely and adequate financial support in … Continue reading

Posted in Agrarian Reform, CARP, Land Bank, LBP, OSG | Tagged | Leave a comment

Interest payments borne by government, not by farmers-beneficiaries

Interest payments borne by government, not by farmers-beneficiaries  Nor do we find any merit in the LBP’s assertion that the large amount of just compensation that we awarded the petitioners, together with the amount of interest due, would necessarily result … Continue reading

Posted in CARP, DAR, Land Bank, LBP | Tagged | Leave a comment

Expropriation for agrarian reform requires the payment of just compensation

Expropriation for agrarian reform requires the payment of  just compensation The LBP claims that the just compensation in this case should be determined within the context of the article on social justice found in the 1987 Constitution. In the LBP’s … Continue reading

Posted in Agrarian Reform, CARP, DAR, Definitions, Expropriation, Land Bank, Statutory Construction | Tagged | Leave a comment

The LBP’s valuation of lands covered by CARL is considered only as an initial determination, which is not conclusive, as it is the RTC, sitting as a Special Agrarian Court, that should make the final determination of just compensation

Under Section 1 of Executive Order No. 405, series of 1990, petitioner LBP is charged with the initial responsibility of determining the value of lands placed under land reform and the just compensation to be paid for their taking. Through … Continue reading

Posted in CARP, Land Bank, SAC | Tagged | Leave a comment

Once an expropriation proceeding for the acquisition of private agricultural lands is commenced by the DAR, the indispensable role of LBP begins, which clearly shows that there would never be a judicial determination of just compensation absent respondent LBP’s participation

We stated in Heirs of Roque F. Tabuena v. Land Bank of the Philippines22 that “once an expropriation proceeding for the acquisition of private agricultural lands is commenced by the DAR, the indispensable role of LBP begins.”23 In Heirs of … Continue reading

Posted in CARP, DAR, Land Bank | Tagged | Leave a comment

Land Bank has the power and authority to write-off loans

In its Comment,[45] the COA argues that the fact that the audit disallowance was allegedly written-off is of no moment. Respondent maintains that Section 66 of PD 1445[46] expressly granted unto it the right to compromise monetary liabilities of the … Continue reading

Posted in Banking, Land Bank | Tagged | Leave a comment