The Lubrizol Corporation v. Exxon Corporation and Exxon Research and Engineering Company

How courts have described this case

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

• concluding that doctrine of claim preclusion barred subsequent New Jersey action seeking to reform a settlement agreement approved in a prior Texas action
• holding that a corporate subsidiary could benefit from a prior judgment in favor of the parent corporation because they shared a close and significant relationship
• recognizing that causes of action were the same where they both required reliance on the same material facts demonstrated by the same witnesses and documents
• noting that New Jersey law is the same
• wholly owned subsidiary can invoke claim preclusion when parent was named in prior suit
• “[R]es judicata may be invoked against a plaintiff who has previously asserted essentially the same claim against different defendants where there is a close or significant relationship between successive defendants.”

Source: CourtListener parenthetical corpus (CC0).