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To: Para-Ord.45

Here’s the 2-page order, PER CURIUM, which means it’s in the name of the entire Court:

http://www.scotusblog.com/wp/wp-content/uploads/2009/06/chrysler-order-6-9-09.pdf


26 posted on 06/09/2009 4:39:08 PM PDT by BCrago66
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To: BCrago66

I think there’s 1 action left to secured bondholders, an “inverse condemnation” action. That’s an action based upon the “Just Compensation” part of the Takings Clause, and it means, in effect, “You’ve already taken my property, so now please pay for it.” It’s an after the fact the action that doesn’t block the sale.

Obviously I’m not optimistic about the prospects for success for such an action in the federal courts.

In the Roosevelt era, at least the President had to threaten to pack the courts in order to coerce the Supreme Court. The puss Supreme Court we have today just rolled over and played dead; no such pressure necessary.


55 posted on 06/09/2009 4:47:13 PM PDT by BCrago66
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To: BCrago66

Read the fine print it does not mean the SC ruled on the merits. In fact, the order stressed that “a denial of a stay is not a decision on the merits of the underlying legal issues.”


58 posted on 06/09/2009 4:48:13 PM PDT by Tarpon (You abolish your responsibilities, you surrender your rights.)
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