88-Florencio-Deudor-vs-JM-Tuason

gregorio araneta inc in turn filed a motion dated

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Unformatted text preview: vered, and mostly through the effort of the J.M. Tuason & Co., Inc, and Gregorio Araneta, Inc. The Court has also in mind that the Compromise Agreement contemplated 60 days from date thereof for compliance therewith by the parties, and certainly the 60- day period so set could not reasonably be extended to four years. The Court would like to call the attention of the parties to the fact that in its decision dated April 10, 1953 the parties were enjoined to abide by and comply faithfully and strictly with the terms and conditions set forth in the Compromise Agreement'. Up to the present time, there does not appear to be any sincere or effective steps taken by any of those referred to collectively as the 'Deudors' in implementing the Compromise Agreement. The Court, therefore, hereby sets a period of four (4) months within which the 'Deudors' shall deliver possession of the entire 30 quiñones to the J.M. Tuason & Co., Inc. and Gregorio...
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This note was uploaded on 07/12/2013 for the course LAW 101 taught by Professor Tan during the Winter '11 term at University of the Philippines Diliman.

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