What are the principles of res judicata and stare decisis in international litigation?
Res judicata and stare decisis are two important principles of international litigation law in Alaska. Res judicata refers to the principle that a final judgment is binding on the parties and cannot be revisited. This means that a court will not consider a dispute that has already been decided by another court, or even by the same court in a previous hearing. It also means that a matter cannot be brought before the court twice for the same issue, as the court is bound by the decision already in place. Stare decisis is another legal principle with a similar effect. This principle holds that when a court has issued a ruling on a similar legal question, the same decision should be applied in future cases involving similar facts. This means that courts create a system of precedence, in which similar cases are handled consistently. This ensures that rulings are made in a predictable manner and that the same outcome is reached when the questions are identical. Overall, these principles help to create a standard approach to resolving disputes between parties, which helps to ensure the efficient and consistent operation of the court system. This helps to ensure that justice is served and that justice is seen to be done.
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