118342

The Supreme Court ruled in favor of Cuba. The court held that the assignment was intended as security, not an absolute sale. Therefore, DBP’s act of taking the property without foreclosure was illegal. The court ordered DBP to pay damages to Cuba for the "moral shock and social humiliation" caused by her unlawful ejectment. Other References for "118342"

The number most prominently refers to a landmark Philippine legal case, G.R. No. 118342 , titled Development Bank of the Philippines (DBP) vs. Court of Appeals and Lydia Cuba . 118342

An MPRA Paper (No. 118342) discusses the decline of the US dollar as a reserve currency and the potential role of the BRICS Development Bank in facilitating a "soft landing" for the global economy. Medical Research: The Supreme Court ruled in favor of Cuba

Merck Millipore uses 118342 as a catalog number for a Calibration Standard (3000 IR 10,000 NTU) used in water quality testing and turbidimeters. The court ordered DBP to pay damages to

The Supreme Court had to determine if the "Assignment of Leasehold Rights" was a legal transfer of ownership or merely a mortgage. If it were a mortgage, DBP's automatic takeover would constitute pactum commissorium —an agreement allowing a creditor to automatically own the collateral upon the debtor's default, which is strictly prohibited under Article 2088 of the Civil Code of the Philippines.