DBP vs. NLRC

GR86227January 19, 1994 Facts Atlas is a textile firm. Malayang Samahan is its employee union. Atlas hypothecated its certain assets to DBP but Atlas defaulted. DBP acquired the assets of Atlas by foreclosure. Malayang Samahan filed their claim against Atlas and DBP. Lower Courts/Judicial Bodies: Labor Arbiter ruled that DBP and Atlas Textile Dev Corp (Atlas) are liable […]