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DBP vs. West Negros College, Inc.

DEVELOPMENT BANK OF THE PHILIPPINES, PETITIONER, VS. WEST NEGROS COLLEGE, INC., SUBSTITUTED BY V-2 SAC MANAGEMENT AND DEVELOPMENT CORPORATION, RESPONDENT.

G.R. No. 241981 | 2020-12-02

D E C I S I O N
 
ZALAMEDA, J.:
 
This is the third time that this case has been brought before this Court. All three (3) cases, the present one included, are entitled Development Bank of the Philippines v. West Negros College and raise the issue of the determination of the redemption price due to the Development Bank of the Philippines (DBP). The Decision in the first case, docketed as G.R. No. 152359, was promulgated on 28 October 2002,[1] while the Resolution was promulgated on 21 May 2004.[2] The Decision in the second case, docketed as G.R. No. 174103, was promulgated on 16 September 2008,[3] while the...