Meridian Oil and Gas Enterprises, Inc. v. Penn Cent. Corp.

CAVANAUGH, Judge.

Appellant, The Penn Central Corporation (Penn Central), appeals from an order of the Crawford County Court of Common Pleas entering judgment on a jury verdict in favor of appellee, Meridian Oil & Gas Enterprises, Inc. (Meridian), in the amount of $800,000 plus interest. Because we find the lower court erred in precluding Penn Central’s use of a prior judicial determination to collaterally bar the instant action, we reverse the order entering judgment on the jury verdict and remand for a new trial.

Penn Central is in the business of selling abandoned railroad lines. It first…