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Showing 1–6 of 6 articles for “inflation”

Just Compensation and Inflation: What Expropriation Law Really Requires

Philippine Supreme Court clarifies that inflation is not added to just compensation; interest covers currency devaluation in expropriation cases.

Estafa and Inflation: Supreme Court on Disproportionate Penalties in Property Crimes

The Supreme Court explains why courts cannot adjust estafa penalties for inflation and what Article 5 of the Revised Penal Code requires instead.

Lease Agreements: VAT Liability and Inflation Adjustments Clarified

Supreme Court clarifies when lessors may pass on VAT and adjust rent for inflation under lease contracts.

Extraordinary Inflation and Philippine Contracts: When Can You Adjust Rental Rates

Philippine law allows rent adjustments for extraordinary inflation, but courts rarely grant them. Learn the rules from a Supreme Court case.

Extraordinary Inflation and Lease Rentals: What Singson v. Caltex Means for Contracts

Philippine Supreme Court clarifies when extraordinary inflation justifies adjusting contract rentals under Article 1250 of the Civil Code.

Reformation of Contracts in the Philippines: Navigating Unforeseen Events and Economic Shifts

Philippine Supreme Court ruling on contract reformation, fortuitous events, and extraordinary inflation in lease agreements. Learn key legal principles.