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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."

17 of 331 comments (clear)

  1. Ew, gross by Anonymous Coward · · Score: 4, Funny

    For a minute there I thought it said "SCO's lawyers anal-ized"

    1. Re:Ew, gross by nearlygod · · Score: 3, Funny

      As in they are going to a federal pound me in the... nevermind.

      --
      The Tools Of Ignorance wanna be a tool?
  2. My thoughts by ajakk · · Score: 3, Funny

    "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?

  3. "LLP"? by Zocalo · · Score: 3, Funny

    Let me guess... "Libelous Legal Practice"??? ;)

    --
    UNIX? They're not even circumcised! Savages!
  4. Thank god for IBM by theparanoidcynic · · Score: 5, Funny

    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 . . . . .
    1. Re:Thank god for IBM by MooCows · · Score: 2, Funny

      Pictures of the IBM Dojo

      --
      The path I walk alone is endlessly long.
      30 minutes by bike, 15 by bus.
  5. Re:20% of Zero by Koos+Baster · · Score: 3, Funny

    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

  6. Re:Mr. Boies's /. Journal by Anonymous Coward · · Score: 1, Funny

    Don't click, it will log you out. Just look at the URL..

  7. Close by TheConfusedOne · · Score: 2, Funny

    Lack of Lawyerly Principles

    --
    --- I wish I could hear the soundtrack to my life. That way I'd know when to duck.
  8. The Perfect Slashdot Article by Schlemphfer · · Score: 5, Funny
    Today's Wall Street Journal has an article (subscription required)

    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?
  9. Has anyone noticed... by jd · · Score: 4, Funny
    The further SCO progresses with litigation, the stronger the solar flares are getting?


    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)
  10. Re:Capatalist... by dipipanone · · Score: 4, Funny

    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?

  11. Disney should sue SCO. by pclminion · · Score: 3, Funny
    The Caldera logo clearly infringes upon Disney's trademarks. Hasn't anyone else noticed that it's just a big red globe with a blue Mickey Mouse logo on it that just happens to be rotated 45 degrees counterclockwise?

    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.

  12. So: by BrokenHalo · · Score: 2, Funny

    Analyse with anal eyes, and all you'll get is hindsight...

  13. Re:Contingency by symbolic · · Score: 1, Funny

    professional lawyers.

    Interesting oxymoron.

  14. SCO's crack legal team by adric · · Score: 2, Funny

    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...
  15. Re:To anyone actually working at SCO by Anonymous Coward · · Score: 2, Funny

    We eat babies and torture puppies.