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Mambulao Lumber Company Vs .January 30, 1968 by hans is a document available to read on EtoBox.

What is Mambulao Lumber Company Vs .January 30, 1968 about?

The document discusses a case between Mambulao Lumber Company and Philippine National Bank regarding a loan and foreclosure. Mambulao Lumber Company took out a loan secured by property but failed to pay it back, so Philippine National Bank foreclosed on the property. The Supreme Court ruled that while a corporation cannot be awarded moral damages, Mambulao Lumber Company should be awarded exemplary damages and attorney

Author

hans

Language

EN