Gonzalez Abreau v. Banco Central
Court of Appeals for the First Circuit
1Opinion of the Court
SELYA, Circuit Judge.
This appeal raises tantalizing questions concerning the application of the doctrine of res judicata to nonparties. Because we conclude that appellants cannot lawfully be precluded from bringing their action in the circumstances at bar, we reverse the district court’s order of dismissal and remand for further proceedings.
I. BACKGROUND
In the 1970s, a consortium of real estate developers sold subdivided lots of undeveloped land to approximately 3,000 purchasers, most of whom resided in Puerto Rico. Contrary to the promoters’ glowing representations, the real estate proved to…
2Cases cited50 opinions
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