If you are indeed correct, and I hope you are, there is simply no way that Cathay will let this go away. They will appeal to the ultimate court in the hope that their deep pockets and politically sensitive judges will eventually see it their way.
As for the Judge, if this is his ruling, he can expect that he will go no further than the Court of First Instance. Politicians and their businessmen masters do not appreciate such impugnity.
What a remarkably brave judge!!