Practice question
When Section 12 discharge concerns only a particular attached property, what determines the counterbond amount?
- That property’s value as determined by the court.
- Always every unrelated debt in the world.
- Only counsel’s preferred number without court determination.
- Only the price of the bond paper.
- No amount need be fixed.
Legal references
- Rules of Court, Rule 57 Sections 1-4 and 12-13, attachment grounds, issuance and discharge: https://lawphil.net/courts/rules/rc_1-71_civil.html
- Pilipinas Shell Petroleum Corp. v. Pobre, G.R. No. 259709, August 30, 2023, main decision, distinct attachment requirements and discharge avenues: https://lawphil.net/judjuris/juri2023/aug2023/gr_259709_2023.html
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