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Not So Fast JO!

Seaknight1

Well-known member
Joined
Jan 22, 2003
Posts
98
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400
Finally the legal system doing it's duty!:smash:

Judge blasts effort to sell Aloha Airlines name to
Mesa

By Rick Daysog
Advertiser Staff Writer

A federal judge today sharply criticized efforts to license Aloha Airlines' brand name to the carrier's nemesis, Mesa Air Group Inc., saying the deal is insensitive to former Aloha workers.
U.S. Bankruptcy Judge Lloyd King postponed until at least Feb. 19 any decision on the sale of Aloha's intellectual property to Aloha's former majority owner Yucaipa Cos.
King said that "Mesa and go! have been given credit for the demise of Aloha" and that licensing the brand name to Mesa would takes the "Aloha name and stand it on its head."
"How about all of the people whose lives have been devastated by this," King asked lawyers for Yucaipa. "Is it just about money?" Aloha shut down for business in March and terminated 1,900 workers, in the state's largest ever mass layoff.

http://www.honoluluadvertiser.com/article/20081203/BREAKING03/81203047
 

Abernathy

Truthiness
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Mar 4, 2008
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JO is like the scum that forms around a gas station toilet. He epitomizes everything that is wrong with CEOs.
 

Max Q

ಠ_ಠ
Joined
Apr 20, 2005
Posts
801
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"Sharply criticizing" and/or postponing their acquisition of the brand name is not laying down the law.

Funny to hear a bankruptcy judge say, "is it all about money?".

-Brett
 

flyf15

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Jul 13, 2004
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548
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"Sharply criticizing" and/or postponing their acquisition of the brand name is not laying down the law.

Funny to hear a bankruptcy judge say, "is it all about money?".

-Brett

I wonder how much of the deal is being postponed. Part of this deal was settling the lawsuit between the companies... has that now been postponed 2 1/2 months as well? If thats the case, Mesa may not be around by then.
 

Abernathy

Truthiness
Joined
Mar 4, 2008
Posts
1,490
Total Time
Lots
"Sharply criticizing" and/or postponing their acquisition of the brand name is not laying down the law.

Funny to hear a bankruptcy judge say, "is it all about money?".

-Brett

Yeah. You know you're knee deep in sh*t when even a judge is tired of your antics.
 

CX880

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Apr 19, 2006
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This judge is my hero. Why did they postpone this thing for two months though, what does that mean?
 

comrcap

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Feb 23, 2003
Posts
124
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12k+
Mesa's Bonds are due jan31 and feb 10 2009...They aint got the money. Hence the feb19 date
 
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