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

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Res Judicata

“A thing decided.”

Requirements

Prior final judgment on the merits

Identity of parties/privies

Identity of claim

(See

Estoppel by Judgment Stability Finality Judicial economy Avoidance of litigation cost

Res Judicata “A thing decided.” Requirements Prior final judgment on the merits Identity of parties/privies Identity of claim (See