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SCO's Lawyers Analyzed

Posted by ryuzaki0 on from the selling-their-souls-for-a-tidy-profit dept.

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."

9 of 331 comments (clear)

  1. Re:Lawyers greedy shock by bpmcdermott · · Score: 0, Offtopic

    no. it's more typical inflammatory slashdot bs.

  2. HERE IS AN ENEMY by Anonymous Coward · · Score: -1, Offtopic

    Here's Tyreth. Tyreth is a Christian Fundamentalist troll dumping shit on many threads ; take a look at his recent posts and see for yourself. His specialty is talkshitting about the evolution theory and spitting half-baked syllogisms he sees as solid ground for this plague known as creationism.

    If you care about quality discussion on Slashdot, please put Tyreth on your Foes list and regularly mod him down to death. Thanks a lot.

    1. Re:HERE IS AN ENEMY by Anonymous Coward · · Score: -1, Offtopic

      Done. Thanks for the heads-up.

  3. Since there's no Reply button on the Ad... by freality · · Score: -1, Offtopic

    What happened to my beautiful slashdot? 2 banner ads when I first hit the site... no more "Older Stuff".. lots of little googies to click on, etc. now I see an Ad. Great.

  4. corepirate nazi softwar gangsters have no chance by Anonymous Coward · · Score: -1, Offtopic

    that hobbyist witchhunt bouNTy scheme says it all. nazis.

    that's pretty lame, as kids will be authoring/sending kode blew virot, & having their frIEnds turn them in for hope of collecting the ?rewards? monIE$, which is probully phonIE too. the worst ?pr? hysteria spew in the history of modem communications. well, there is won equal.

    we're no big fans of big blue, howsonever, in .comjunction with the good gnus hobbyists, there is no contest.

    the daze of the payper liesense execrable, is WANing into coolapps/the abyss, at the increasing speed of right.

  5. They actually lubed up and bent over? by Trolling4Dollars · · Score: -1, Offtopic

    I doubt it. ;P

    --
    Un-news
  6. Re:Contingency by Anonymous Coward · · Score: -1, Offtopic

    your font looks like shit.

    why don't you leave it at the slashdot default

  7. your sig by DunbarTheInept · · Score: 0, Offtopic


    Anger is always - always - fear in disguise. -- Spider Robinson
    This "Spider Robinson", whoever that is, is wrong. You can get angry about something which you are not directly involved in, and thus are under no danger from, and thus have no fear about. All it takes for that to happen is to witness a wrongdoing against someone else, and to have a shred of human empathy for that someone else.

    --

    Don't label something "offtopic" unless you know the topic well enough to tell what's on topic.

  8. Re:Contingency by EvilAlien · · Score: 0, Offtopic

    Mod this up for an obscure Office Space reference, dammit!

    --
    perl -e 'print $i=pack(c5, (41*2), sqrt(7056), (unpack(c,H)-2), oct(115), 10)'