This case has been cited 1 times or more.
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2011-07-05 |
VELASCO JR., J. |
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| Manila Motor Co., Inc., v. Flores [257] and De Agbayani v. Philippine National Bank, [258] cited by the ponencia, and Republic v. Herida, [259] and Republic v. CFI, [260] cited by Justice Brion, all involve the application of the debt moratorium laws. In those cases, the Court held that during the period from the effectivity of the debt moratorium laws until they were struck down as unconstitutional in Rutter v. Esteban, [261] the parties could not be faulted for relying on the belief that the payment of debts was suspended by virtue of the debt moratorium laws. In Fernandez v. P. Cuerva & Co., [262] another case relied on by the ponencia, another statute the Reorganization Law was the invalid act declared by the Court. In Rieta v. People, [263] also relied on by the ponencia, again another statute General Order No. 60 issued by former President Ferdinand Marcos under his martial law legislative power was invalidated. | |||||