> "could argue that it has been harmed by the diversion of the funds to a different field. But that argument would likely take so long to sort out in court that all the money would have been spent by then."
So if I steal from someone and spend it fast enough, I wouldn't be responsible anymore and can get away with it? That's how that sounded to me.
Yes, that is basically how the justice system works. If you have enough money and lawyers you can avoid practically any consequences.
Something about it being the banks problem if I owe them a billion
If I understand legal terminology correctly*, this is what a "preliminary injunction" is for.
* eh. I'm not a lawyer.
The principle of ‘Standing’, however, means that you also cannot sue unless you can show actual harm to yourself.
Yes, these contradict each other somewhat.