118342 -

The dispute centered on whether a creditor could automatically take ownership of a property used as collateral without a formal foreclosure proceeding.

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. 118342

An epidemiological study on salivary sarcoma in Iran is cataloged under this ID in the International Journal of Cancer Management . The dispute centered on whether a creditor could

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 . An epidemiological study on salivary sarcoma in Iran

Lydia Cuba, a fishpond leaseholder, obtained loans from the Development Bank of the Philippines (DBP) . As security, she executed an "Assignment of Leasehold Rights." When she defaulted on her payments, DBP unilaterally appropriated her leasehold rights without a public auction or judicial foreclosure, then sold them to a third party.