SCO's Lawyers Analyzed
byteCoder writes "Today's Wall Street Journal has an article (subscription required) which highlights the arrangement disclosed by this freely available SEC filing made between SCO and its law firm (run by lawyer David Boies) giving the law firm of Boies, Schiller & Flexner LLP 20% of the proceeds from the settlement or of "a sale of SCO during the pendancy of litigation." (Search down for "Arrangement with Counsel".) Apparently, if SCO is taken over while litigation is pending, Mr. Boies' law firm could stand to earn 20% of yesterday's market cap of $247M = $49.4M plus the premium associated with the increase in stock price due to the takeover. Of course, if SCO is successful in getting any part of their requested $3Bn in damages from IBM, the payday to the lawyers would be much greater."
For a minute there I thought it said "SCO's lawyers anal-ized"
"You want fries with that?" Darl: "Bwahahahaha. Mom, mom, it isn't fair! That big bully, GPL is cheating." SCO reminds me of my brother and I fighting over something. Hey SCO, how do you feel about paying IBM's (and anyone else you were thinking of suing) legal costs?
Come play Heroes of Might and Magic Mini online.
Let me guess... "Libelous Legal Practice"??? ;)
UNIX? They're not even circumcised! Savages!
With such um, motivated oposition I'm glad that we have IBM's ninja attack lawers on our side.
Only in a Slashdot fantasy can a Slackware install turn into several hours of sex . . . . .
They'll probably get sued by SCO for loosing their case ;-)
--
If you can, help others. If you can't, at least don't hurt others -- the Dalai Lama
Don't click, it will log you out. Just look at the URL..
Lack of Lawyerly Principles
--- I wish I could hear the soundtrack to my life. That way I'd know when to duck.
This article's a dream come true all of us who post on Slashdot without first reading the article. Finally, we've got a good comeback for all those pests who tell us to go RTFA (read the fucking article.)
I hope this begins a trend, and I look forward to many more Slashdot stories centered around articles I don't have subscription privileges to read. You can count on me and hundreds of others to post responses to these stories, confident in the knowledge that we have no clue as to what the article says, and knowing nobody else does either.
Again, fantastic work!
I'm generally "Interesting," "Insightful," and even "Funny" here. What the hell happens to me at parties?
Can we countersue SCO for environmental damage?
It's a small world and it smells funny; I'd buy another if it wasn't for the money; Take back what I paid (SoM)
If I offered you millions of dollars to supply torture equipment to (e.g.) North Korea, or explosives to Al Quaeda, would you do it?
Is this a serious offer, or just another of those goddamned rhetorical questions?
I'm sort of joking, but in all honesty that's actually how I've always interpretted that logo. It wasn't until this morning that I realized the red part of the logo is actually a big letter C. If I can make the mistake, so can others.
Analyse with anal eyes, and all you'll get is hindsight...
professional lawyers.
Interesting oxymoron.
My wife put together a picture of SCO's crack legal team (by which, I of course mean "legal team on crack"), which pretty much explains their entire strategy. Feel free to share! ;-)
not plane, nor bird, nor even frog...
We eat babies and torture puppies.