This case has been cited 2 times or more.
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2014-10-22 |
REYES, J. |
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| "Under the rule of res judicata, a final judgment or decree on the merits by a court of competent jurisdiction is conclusive of the rights of the parties or their privies, in all later suits and on all points and matters determined in the previous suit. The term literally means a 'matter adjudged, judicially acted upon, or settled by judgment.' The principle bars a subsequent suit involving the same parties, subject matter, and cause of action. The rationale for the rule is that 'public policy requires that controversies must be settled with finality at a given point in time."'[22] | |||||