>Copyright holder could give someone else authorisation to sue on their behalf, e.g., through a license.
They can't assign the bare right to sue. To have standing the plaintiff will need to hold at least one of the exclusive rights in 17 U.S. Code ยง 106 aiui. Cf Righthaven cases, Silvers v Sony Pictures
I am almost certain you are correct, I would be shocked if genius was granted an exclusive right to lyrics. If nothing else, how could you sell the songs without rights to the lyrics?
So I don't think genius ever had standing to pursue this case.
Again, not a lawyer. But you'd think the actual lawyers would have checked this more carefully.
They can't assign the bare right to sue. To have standing the plaintiff will need to hold at least one of the exclusive rights in 17 U.S. Code ยง 106 aiui. Cf Righthaven cases, Silvers v Sony Pictures