That's incorrect - it's a lot of text to say it went to the second highest bidder. The onion bid was the one that provided more value to the creditors.

From what I've read, it's not incorrect. Orthogonal valuations are not part of the bid value. This is why The Onion was second (the winner). It was not the highest bid (the considered part). The end.

The Judge has decided that's unfair, likely due to some bias (intellectual, political, etc.)