Friday, May 25, 2012

A JUDICIAL COMPROMISE HAS THE FORCE AND EFFECT OF A JUDGMENT.


             A compromise agreement intended to resolve a matter already under litigation is a judicial compromise.  Having judicial mandate and entered as its determination of the controversy, such judicial compromise has the force and effect of a judgment.  It transcends its identity as a mere contract between the parties, as it becomes a judgment that is subject to execution in accordance with the Rules of Court. (Rañola v. Rañola, G.R. No. 185095, July 31, 2009, 594 SCRA 788, 794.)

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