Res judicata – privity

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East Hampton Capital LLC v Fergusson, 2020 NY Slip Op 02718 (1st Dept. 2020)

“This action is barred by res judicata in view of the prior decision in an action involving defendant and a prior owner of the subject apartment (NLI/Lutz, LLC [NLI/Lutz]). “[U]nder res judicata, or claim preclusion, a valid final judgment bars future actions between the same parties,” or those in privity with them, on any “claims arising out of the same transaction or series of transactions . . . , even if based upon different theories or if seeking a different remedy”

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