Preclusion Principles
(LIIBULLETIN preview)
In 1980, Saudi Basic Industries Corporation (SABIC) and the Exxon (now Exxon Mobil Corp.) subsidiaries, Exxon Chemical Arabia, Inc (ECAI) and Mobil Yanbu Petrochemical Company (Yanbu) created two joint venture entities: Yanpet and Kemya. Exxon Mobil Corp...
(Wex page)
Res judicata translates to "a matter judged."
OverviewGenerally, res judicata is the principle that a cause of action may not be relitigated once it has been judged on the merits. "Finality" is the term which refers to when a court renders a...