This case has been cited 2 times or more.
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2013-04-15 |
PERALTA, J. |
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| In Chavez v. Court of Appeals,[28] we explained the nature of the amicable settlement reached after a barangay conciliation, thus: Indeed, the Revised Katarungang Pambarangay Law provides that an amicable settlement reached after barangay conciliation proceedings has the force and effect of a final judgment of a court if not repudiated or a petition to nullify the same is filed before the proper city or municipal court within ten (10) days from its date. It further provides that the settlement may be enforced by execution by the lupong tagapamayapa within six (6) months from its date, or by action in the appropriate city or municipal court, if beyond the six-month period. This special provision follows the general precept enunciated in Article 2037 of the Civil Code, viz.: | |||||
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2008-03-27 |
CORONA, J. |
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| A compromise agreement is a contract whereby the parties make reciprocal concessions in order to resolve their differences and thus avoid litigation or to put an end to one already commenced.[28] When it complies with the requisites and principles of contracts, it becomes a valid agreement which has the force of law between the parties.[29] It has the effect and authority of res judicata once entered into,[30] even without judicial approval.[31] | |||||