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1. Remember that this is TSG, not SCO. 2. Not dead yet. Khan might even continue as trustee. pj at Groklaw.net breaks it down: "I will try my best to tran
by lifeguard 14y ago
1. Remember that this is TSG, not SCO.
2. Not dead yet. Khan might even continue as trustee.
pj at Groklaw.net breaks it down:
"I will try my best to translate the legalese for you: the money is almost all gone, so it's not fun any more. SCO can't afford Chapter 11. We want to shut the costs down, because we'll never get paid. But it'd look stupid to admit the whole thing was ridiculous and SCO never had a chance to reorganize through its fantasy litigation hustle. Besides, Ralph Yarro and the other shareholders might sue. So they want the litigation to continue to swing in the breeze, just in case. But SCO has no money coming in and no other prospects, so they want to proceed in a cheaper way and shut this down in respects to everything else.
I guess that will mean there is little chance of IBM or anyone else seeing a dime ever for all the torts and wrongs SCO perpetrated on IBM and Linux and its debtors. The lawyers and professionals, including the firm representing the Chapter 11 trustee, got it all. Now that there is no more, off we go to Chapter 7. "
http://www.groklaw.net/article.php?story=20120807133033596 http://www.groklaw.net/article.php?story=20120807133033596