118342 ✧ «Recommended»

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 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: 118342

A World Health Organization (WHO) archived study explores menstrual experiences and dysmenorrhoea among adolescent girls. The number most prominently refers to a landmark

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. Court of Appeals and Lydia Cuba

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.

Decided on January 5, 1998, this case is a staple in Philippine property and credit law, specifically regarding the prohibition of pactum commissorium .