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You're assuming that the 2nd Circuit based their decision on a valid reading of the law. Why do you believe that? (I don't know, myself.)

The legal system does have a history of favoring the powerful and connected.

I think the alternative assumption would require some more evidence. The notion they are correct is default (until they are overruled by SCOTUS).

I agree that it's the common default, but assuming by default that the system is working isn't the act of a responsible engineer, or citizen.