417 A.2d 378 (1980)

William MALDONADO, Plaintiff, v. William H. FLYNN et al., Defendants.

Court of Chancery of Delaware, New Castle County.

Decided May 29, 1980.

Attorney(s) appearing for the Case

Irving Morris and Joseph A. Rosenthal, Morris & Rosenthal, P.A., Wilmington, Del., and Bruce E. Gerstein and Sidney L. Garwin, Garwin & Bronzaft, New York City, for plaintiff.

Charles F. Richards, Jr., Richards, Layton & Finger, Wilmington, Del., for individual defendants.

Robert K. Payson, Potter, Anderson & Corroon, Wilmington, Del., for defendant Zapata Corp.

Thomas F. Curnin, Cahill, Gordon & Reindel, New York City, special counsel to the Independent Investigative Committee of Zapata Corp.

HARTNETT, Vice Chancellor.


Defendant Zapata Corporation ("Zapata"), asserting the doctrine of res judicata ("the matter is settled by a judgment"), moved to dismiss this action, claiming that a final judgment of the U. S. District Court for the Southern District of New York ("U. S. District Court") dismissing a companion action, Maldonado v. Flynn, 485 F.Supp. 274


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