1. Res Judicata means a matter that has been adjudicated upon. It is a matter that has been heard and determined between the same parties. The principle of Res judicata states that once a matter has been heard between the same parties, by a Court of any competent jurisdiction, the same matter should not be reopened.
2. Multiplicity of actions refers to commencement of more than one action on the same facts or transaction. Piece meal litigation is the same as multiplicity of action; it is litigation that is split and instituted in chapters.
3. A party in dispute with another over a particular subject should not be allowed to deploy his grievances piece meal in scattered litigation and keep on hauling the same opponent, over the same matter before various courts.
4. The Consent Order barred and estopped the Respondent from re-litigating on all benefits arising from termination of his contract of employment with the bank.