La Preferida, Inc., an Illinois Corporation v. Cerveceria Modelo, S.A. De C v. a Mexican Corporation

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• stating that res judicata only applies where there is “a final judgment on the merits in an earlier action”
• holding a bankruptcy court’s order issued prior to confirmation of debtor’s liquidation plan allowing debtor to sell assets constituted a final judgment
• holding a bankruptcy court's order issued prior to confirmation of debtor's liquidation plan allowing debtor to sell assets constituted a final judgment
• recognizing the general rule forbidding the application of collateral estoppel to consent judgments especially when the judgment lacks clarity
• finding tort and contract claims to be barred by prior bankruptcy judgment sale, without reference to Barnett’s core/noncore distinction
• consent judgment did not support collateral estoppel where it was ambiguous and did not reflect the parties’ intent as to future litigation

Source: CourtListener parenthetical corpus (CC0).