Civil Code Art. 2210: Actual or Compensatory

Statute: Civil Code
Article: Art. 2210
Topic: Actual or Compensatory Damages
Book: BOOK IV Obligations and Contracts
Title: TITLE XVIII DAMAGES
Chapter: CHAPTER 2 Actual or Compensatory Damages
Year: 1949

The provision

Interest may, in the discretion of the court, be allowed upon damages awarded for breach of contract.

Note on current application: the legal interest rate in the Philippines is 6% per annum (Bangko Sentral ng Pilipinas Circular No. 799), as established in Nacar v. Gallery Frames (G.R. No. 189871, August 13, 2013).

Cases applying this article

David Ines v. Court of Appeals G.R. No. 114051
Hermojina Estores v. Spouses Arturo G.R. No. 175139

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