Assignee Standing — Constitutional Standing

From Perkumpulan Inv. Crisis Center v. Regal Fin. Bancorp, 2011 U.S. Dist. LEXIS 16132 (W.D. Wash. Feb. 17, 2011):

Plaintiff commenced this case after the Supreme Court issued a landmark opinion on the law of assignee standing, Sprint Communications Company v. APCC Services, 554 U.S. 269 (2008). The Supreme Court fundamentally altered the law of assignee standing by holding that the owner of a legal claim may assign the claim to a third party, and that the third party thereafter enjoys the right to invoke the jurisdiction of the United States courts in his or her own name. As the Supreme Court stated, "Lawsuits by assignees, including assignees for collection only, are cases and controversies of the sort traditionally amenable to, and resolved by, the judicial process." See id. at 285 (internal markings omitted). The principles announced in Sprint Communications changed the law of constitutional standing***.

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