Delay, Not Denial
Before critics of Indiana State Treasurer Richard Mourdock get too excited over the U.S. Supreme Court’s decision to not block the sale/merger of Chrysler with Fiat, it’s important to look at a couple of facts.
- This was not a decision based on the merits, this was based on procuedure.
- The Court said no in this case had a right to a stay. And the decision was based on traditional procedural law, and whether the Plaintiffs had met that burden.
- This ruling only applies to the Chrysler case. Anyone thinking that challenge to GM’s bankruptcy would not succeed if based on the merits should think again.
Finally, the same people who complain about how much Mourdock spent challenging the bankruptcy are also the same people who supported the legal challenges to Indiana’s Voter ID law a few years ago. That law was upheld as Constitutional.
You can read a copy of the SCOTUS opinion below.
SCOTUS Opinion on Chrsyler Bailout Lawsuit
