Purchase of Aloha Airlines "name" to Go Invalid

[macuu222]

Unbelieveable...It just goes to show how corrupt the Hawaii judicial system is. This one reporters inability to attend the auction wouldn't have been an issue if the judges "personal feelings" didn't play a large part in the outcome of this ruling. He knows that ultimately this sale is going to happen...but wants to be know by the public as an Aloha Airlines sympathizer.

http://www.honoluluadvertiser.com/articl...40386/1071

[Bob Orts]

The court requires the "PUBLIC BID" to be done in the public eye. I'm not sure what part of PUBLIC is causing you confusion? Anyone, (you or I) could have gone to court and informed the Judge the bid was held in private and the Judge’s ruling would have been the same. This has nothing to do with corruption; it is the rules of a court in HAWAII, not Arizona or California's judicial system. People can try to divert attention to the Judge’s personal feelings, but the fact remains, a California investor and a Arizona corporation (Mesa has a habit of ignoring Hawaii Courts) got caught thumbing their nose at and ignoring the court and Judge in Hawaii! If the Judge didn’t rule this way, it would send a clear signal to mainland corporations and interest that courts located in Hawaii and its people are third rate nothings so just ignore the people and its laws and do what you would on the mainland.

Now there are some people who hold the opinion that Hawaii is a third world country deserving of nothing but Mainland rule and Hawaii laws and courts should not apply to the high and mighty mainland corporations, entities and transplants. Of course these people would never accept the same in reverse, so it says an awful lot about where Hawaii stands in the some people's minds.

[macuu222]

And of course anyone can say that they tried to get in to the public bid and were rejected... I think the credability of the reporter should be questioned considering the nature of the case.

Well maybe corrupt is alittle strong...maybe ethical is more appropriate. I believe the judge ruled that way because he want's to get re-elected re-appointed and realizes that anything negative about Aloha Airlines is a career breaker in this state.

[bystander]

Federal judges are appointed no elected.


Bankruptcy judges are judicial officers of the district courts and are appointed by the courts of appeals for 14-year terms.

http://www.uscourts.gov/understand03/content_5_0.html

[Guest]

"Go Invalid Airlines"
Who's the marketing genius behind that?
/s

[Bob Orts]

quote:

---

Originally posted by macuu222

And of course anyone can say that they tried to get in to the public bid and were rejected... I think the credability of the reporter should be questioned considering the nature of the case.

---

Question the reporter's credibility for what? This is not a he said - she said issue. The lawyers admitted they barred the reporter in violation of the Judge's and Court rules.

[Bullwinkle]

ron burkle - dba yucaipa:

Investment History
1987: Food 4 Less grocery franchise of Kansas City acquired for $35 million
1989: Boys Markets acquired for $375 million
1991: Alpha Beta California supermarket chain acquired for $271 million
1994: Smitty's Phoenix-based supermarket operator acquired for $138 million
1994: Ralphs Grocery Co. Southern California supermarket chain acquired for $1.5 billion
1997: Ralphs/Food 4 Less merged with Fred Meyer
1998: Fred Meyer sold to Kroger for $8 billion
1995: Dominick's Chicago grocery store chain acquired for $750 million
1998: Dominick's sold for $1.85 billion to Safeway
1999: invests $3 million in GameSpy, and $25 million in Cyrk, Inc.
2004: TDS Logistics purchased by Yucaipa (according to TDS Logistics site[1])
2005: Yucaipa becomes the majority shareholder in Aloha Airlines in a $100 million bid to purchase the airline.

Aloha Airlines purchase
In February 2006, Aloha Airlines was taken into private ownership by Yucaipa Companies. After 61 years in business, passenger operations were suddenly shut down on March 31, 2008. Rising fuel prices, new competition for interisland travel, a tightening credit market, and dwindling interest by investors in the airline industry, were all cited as contributing factors.

Aloha's former owner, California-based Yucaipa Co. was the high bidder for the Aloha brand name in an auction held Dec. 2.
Yucaipa, in turn, reached a licensing agreement that would allow go! to fly under the Aloha Airlines banner for 10 years in exchange for a minimum of $6 million

thanks again to ron burkle for running aloha into the ground (and profiting by same)- in less than two years , let us hope he just keeps his business on the mainland. It has always been about liquidation not about buiness, hawaii or the airline

source: wikipedia/ honolulu advertiser

[Aaron S]

Here is the actual court order that states that Yucaipa's attorney intentionally barred the reporter from the bid proceedings.

http://tinyurl.com/b8vh5q

[macuu222]

My bad....That's what I get for not reading the whole article. You right Bob... But I think the use of the Aloha name on Go Airlines planes is still a done deal if Mesa still wants it. It's just going to take alittle more time.

[gtill]

What happened to the shareholders who would have received the 6$ mil.
payment for the Aloha name? Sounds like an ego thing to me, screw the former shareholders!