Free to choose between conflicting decisions from the 5th and 7th U.S. Circuit Courts of Appeal on “whether a breach of contract itself constitutes a legally cognizable injury in fact” that would provide standing under Article III of the U.S. Constitution, a district judge in New York concluded that “the 5th Circuit has the better of the arguments.”The standing dispute in the New York case involved an application to confirm an arbitration award that Eletson Holdings and its subsidiary, Eletson Corp., obtained against …