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 is a principle most used in civil litigation. Directly translated, res judicata means “a matter judged.” Specifically, the res judicata principle indicates that if there is a final judgment based on merits, then another plaintiff...