G.R. No. 228513 - Gotesco Properties, Inc. vs. Cua

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G.R. No. 228513: Gotesco Properties, Inc. vs. Cua

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Title Supreme Court: Gotesco Properties, Inc. vs. Cua

Case: G.R. No. 228513

Decision Date: Feb 15, 2023

A 20-year prepaid lease included a void escalation clause allowing unilateral CAAD rate adjustments, violating mutuality; Gotesco ordered to refund P2.27M with interest and pay P100K attorney’s fees.

escalation clause

lease contracts

validity

Long 25 min

1.5x of typical case length

END