This case has been cited 1 times or more.
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2006-02-28 |
TINGA, J. |
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| Undeniably, the MIAA's illegal occupation for more than twenty (20) years has resulted in pecuniary loss to Rodriguez and his predecessors-in-interest. Such pecuniary loss entitles him to adequate compensation in the form of actual or compensatory damages,[28] which in this case should be the legal interest (6%)[29] on the value of the land at the time of taking, from said point up to full payment by the MIAA.[30] This is based on the principle that interest "runs as a matter of law and follows from the right of the landowner to be placed in as good position as money can accomplish, as of the date of the taking."[31] | |||||