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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