G.R. No. 82763-64 - Development Bank of the Philippines vs. National Labor Relations Commission

Development Bank of the Philippines vs. National Labor Relations Commission

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Title Supreme Court: Development Bank of the Philippines vs. National Labor Relations Commission

Case: G.R. No. 82763-64

Decision Date: Mar 19, 1990

Former Lirag Textile employees sought unpaid wages after DBP foreclosed mortgaged assets; SC ruled DBP's mortgage credit takes precedence, requiring insolvency proceedings to enforce workers' claims.

labor arbiter

mortgage creditor

unpaid wages

Long 26 min

END