- Statute
- Civil Code
- Article
- Art. 2210
- Topic
- Actual or Compensatory Damages
- Status
- In force, as amended
- Book
- BOOK IV Obligations and Contracts
- Title
- TITLE XVIII DAMAGES
- Chapter
- CHAPTER 2 Actual or Compensatory Damages
- Year
- 1949
- Cited by
- Multiple Supreme Court decisions
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
- Hermojina Estores v. Spouses Arturo
- Lara's Gifts & Decors v. Midtown Industrial Sales G.R. No. 225433
Related provisions in this Chapter
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