"Mesa succeeded in inflicting great harm, not only upon Aloha corporate entities but also upon thousands of Aloha employees and families,” King wrote. “It is difficult to imagine a court overlooking what Mesa has done and putting its stamp of approval on Mesa’s subsidiary, go!, becoming Aloha."
That is one of the worst legal arguments I've ever heard.
Aloha declared bankruptcy. As such, Aloha owes $ to creditors. One of Aloha's assets is the brand. If Yucaipa legally acquired the brand (I thought this was @ issue, and that Yucaipa hadn't allowed other bidders), then it is theirs to do with as they wish. If they wish to license it to another airline, then that is their legal right, as the owner of the brand.
Justice King should have recused himself from the case, as his personal opinions on the case prevent him from judging the case objectively.