Wait! I'm getting my popcorn.
Ok. I am sure no-one except the principals know the entire story and everything you hear is speculation.
What we do know, was that the AmigaOne trademark was used for an initial board, that the Amiga partners, that consisted of Eyetech and Hyperion, brought out. There were problems with the hardware, let's leave it at that. According the agreement Amiga Inc were the only ones with the rights to allow Hyperion to port to other machines. Amiga Inc. did not let this happen. Hyperion engaged in a little scope creep and wouldn't give Amiga Inc. any of the code they were contractually obliged to. Amiga Inc took Hyperion to court. Hyperion argued a range of things such as non-payment, and excercised a clause in the contract that in the event that Amiga Inc became insolvent they retained the AmigaOne trademark. Amiga Inc's CEO in another court case said he couldn't pay an employee monies owed because the company was insolvent. Also, during the various incarnations of Amiga Inc. and the shifting of assets, one could argue that the clause came into affect. The whole thing was settled out of court.
