In
Florendo
v. Paramount Insurance Corp., G.R. No. 167976, January 20, 2010, 610 SCRA
377, 384-385, citing Flexo
Manufacturing Corporation v. Columbus Foods, Inc., 495 Phil. 254, 260 (2005) and Heirs of Macabangkit Sangkay v. National
Power Corp., G.R. No. 141447, May 4, 2006, 489 SCRA 401, 417. The Supreme Court held:
x
x x “Good reasons,” it has been held, consist of compelling circumstances that
justify immediate execution lest the judgment becomes illusory. The
circumstances must be superior, outweighing the injury or damages that might
result should the losing party secure a reversal of the judgment. Lesser
reasons would make of execution pending appeal, instead of an instrument of
solicitude and justice, a tool of oppression and inequity.
“Good reason” as required by Section
2, Rule 39 of the Rules of Court does not necessarily mean unassailable
and flawless basis but at the very least, it must be on solid footing. Dire financial conditions of the plaintiffs
supported by mere self-serving statements as “good reason” for the issuance of
a writ of execution pending appeal does not stand on solid footing. It does not even stand on its own (NATIONAL POWER CORPORATION VS. JUDGWE SANTOS
ADIONG, July 27, 2011 VILLARAMA, JR.,
J.).
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