SCO's "Least Supported Idea Yet" 134
I Don't Believe in Imaginary Property writes "Unsurprisingly, all of SCO's creditors have objected to the plan to reimburse York for the failed 'emergency' deal. Novell's tiny seven page objection (PDF) is hilarious and very readable. They don't hold back at all, saying that 'all that happened is that the Debtors spent money needlessly on a proceeding that was, to all intents and purposes, stillborn had it not been for the stubbornness of the Debtors' management and the avarice of York,' and that it was 'another really bad deal they have chased in ceaseless pursuit of their dreams of a litigation bonanza.' They top it off by concluding with the line, 'for the reasons explained above, the Court should deny the Motion as the Debtors' worst and least supported idea yet in these cases.' One can only wonder how SCO will respond to this."
Wow (Score:1, Insightful)
Of Course IBM and Novell are going to object (Score:4, Insightful)
SCO should be torn up for parts, Chapter 11 is not the right state from them to be in, they are unsalvagable, Chapter 7 time.
SCO sane? (Score:5, Insightful)
Best line in a legal document ever (Score:5, Insightful)
If only I could pull that line off with my coworkers...
Re:It's Shakespeare (almost) (Score:4, Insightful)
Re:kill -9 (Score:4, Insightful)
Re:What's Left? (Score:3, Insightful)
The fact that SCO is in a court battle, which it is about to lose, should be enough to send the bankruptcy filing back to SCO. The Bankruptcy judge should have said that filing for re-org or whatever is impossible until the other major litigation is completed, which it is. While there is such a huge uncertainty in the long term viability of SCO, Bankruptcy cannot be finalized.
In other words, the Bankruptcy filing is nothing more than a stalling attempt to keep from conclusion the civil matter. However, the civil matter needs to be concluded before any decisions on Bankruptcy claims can be decided.
I have no doubt that there will be nothing left of SCO once the IBM and Novell civil matters are finalized, to declare bankruptcy with.
Re:Of Course IBM and Novell are going to object (Score:3, Insightful)
Re:Of Course IBM and Novell are going to object (Score:4, Insightful)
There, fixed that for you.
corporate euthanasia? (Score:2, Insightful)
Re:What's Left? (Score:3, Insightful)
I don't know how, but I hope this can be used against SCO when judgement day comes. Any attempts to use accounting trickery to argue that Novell's money is gone should be rejected immediately. After all these brazen maneuvers to delay the Novell case, not a single penny left at SCO should be safe. And if that's not enough, then those who have been enriched by this fraud (including the lawyers) should be made to pay.