Of course, it could also be both interesting and disappointing to see the logic the court may use to determine that these former dealers don’t have standing to bring the action...
Just sayin’...
“Did the Treasury Department act unconstitutionally in the manner in which it dispositioned certain federal monies?”
That is the question the court will have to answer.
“...the U.S. Treasury, without authorization by Congress, used TARP funding to force Chrysler LLC into a debtor-client relationship, and then in using that to practically control the corporation in bankruptcy pleadings has raised several constitutional and legal issues on the action.”
The White House literally tore up legal contracts between Chrysler and dealers, a clear violation of the law.
“...the actions taken by the government were an illegal exercise of corporate authority. The government has acted as a political agent (acting as board of directors) against corporations using taxpayer money to restructure the auto industry under their vision.”
Those auto dealers damn well have standing, as they have suffered grievous economic harm at the hands of Obama.
The above quotations were taken directly from the article: