EXAMPLE:
Following a long trial, a company is found negligent in manufacturing a product that caused Ayad substantial hair loss. The manufacturer’s assets in that state are insufficient to cover the full amount of the judgment. Ayad can take that judgment to another state where the manufacturer has assets, sue upon that judgment, and by applying the full faith and credit principle, obtain another judgment, and collect whatever he is still owed.
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Source: Barron's Dictionary of Legal Terms, Steven H. Gifis, 5th Edition; ©