Originally Posted by
Sniper
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.
Ask any judge or lawyer out there, most of them will tell you, outside of constitutional issues, a reasonable standard is what is used to judge cases. There is very little black and white in the law, but lots of grey.