Does the binding effect language of a contract need to be interpreted in the context of res judicata?
MultiRegion, United States of America
The following excerpt is from INTERNATIONAL U. OF E., R. & M. WKRS. v. General Electric Co., 450 F.2d 1295 (2nd Cir. 1971):
26 The Company cites Local 616 v. Byrd Plastics, Inc., 74 LRRM 2550 (3d Cir. 1970) to support its claim that the "binding effect" language of the contract should be construed by this court as analogous to the legal principle of res judicata. Byrd Plastics, however, was a suit which dealt with the enforcement of an arbitration award, not the arbitrability of a dispute.
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