Under the doctrine of res judicata, or claim preclusion, a disposition on the merits bars litigation between the same parties, or those in privity with them, of a cause of action arising out of the same transaction or series of transactions as a cause of action that either was raised or could have been raised in the prior proceeding. Here, a foreclosure action was dismissed for lack of standing, and a subsequent action was dismissed on the ground that the plaintiff was bound by the earlier dismissal order. Because neither action reached the merits of the foreclosure claim, this action is not barred.
Bank of N.Y. Mellon v. Treitel, NY Slip Op 03446 (2d Dep't June 18 2023)