Res Judicata Bars M&A Company’s Claim

By Deborah Elkins
Published: January 12, 2012

Tags: Contract, Judge Claude M. Hilton, U.S. District Court - Eastern District

A Virginia-based mergers & acquisitions company cannot sue a Canadian company for failure to pay for the Virginia company’s services in valuing a subsidiary of defendant and identifying a prospective purchaser; the Alexandria U.S. District Court says the suit is barred by res judicata, as the Virginia company already unsuccessfully pursued these same claims against ...

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