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res judicata and collateral estoppel - North Carolina Business ...

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Closing observation<br />

Neither <strong>res</strong> <strong>judicata</strong> nor <strong>collateral</strong><br />

<strong>estoppel</strong> is applied as broadly in<br />

NC courts as in federal courts. If<br />

any consistent rationale exists for<br />

the more narrow approach, it is a<br />

reluctance to deny parties a day in<br />

court, sometimes openly in<br />

disregard of the policies that<br />

underlie the rules.

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