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SCO Caps Legal Expenses At $31 Million
uniqueCondition points to a story on News.com, writing "With SCO's legal costs reaching $7.3 million in their most recent quarter, nearly half of the $15 million it has spent in the last five quarters, SCO can't afford this kind of litigation. They have therefore limited their payment to $31 million for the entire case and is giving their legal team a larger slice of any settlement SCO achieves. Under the current agreement, the firm's contingency payment is 20 percent of a settlement. Under the new agreement, that increases to a range of 20 to 33 percent." uniqueCondition links also to coverage at Techrepublic.com, InformationWeek and The Inquirer.
31 Million Dollars might buy you a few hours lawyer time nowadays....sheesh.
Momma told me that sigs are for the devil
of total annihilation?
Sounds like a sound investment to me!
Them lawyers are gunna starve!
Fight hunger. Filet a politician and send him to a 3rd world country of your choice.
Having watched the carnage from the first, IANAL, but it seems to me that it isn't likely that SCO will recieve a settlement in this case. It seems far more likely that they'll be stumped.
Ah well, atleast the lawyers will be well taken care of.... Probably the execs too...
Might as well invest in losing lottery tickets.
we are concerned about somebody who would be opportunistic
Mr. Pot, have you met Mr. Kettle?
And it's not even *all* of the nothing. What a gyp.
Thanks to the internet, we can now all die alone together! -SomeWoman
Judge: You may go ahead with your closing statement.
SCO: Yes, Your Honor. Ladies and gentlemen, this is a case about intellec... (looks at watch abruptly) Oh, sorry, I guess the fund ran out just now. Another day, another trial. (Picks up briefcase, then bolts.)
No, money down!
/I move for a bad... court... thingy.
I want to drag this out as long as possible. Bring me my protractor.
Does this means that if the judge "settles" that Darl spends his next 10 years in jail, he actually gets 4 years, and the lawyers get 6 years?
Sounds good to me...
well they have to still have some of that nothing to give to their stock holders in the end
Do not know if we are talking about the same pot, but hell, I sure as hell would like to have some of what Darl seems to be smoking ;-)
I think every slashdotter should chip in $100, and WE buy SCO!
Saving face?
SCO: Hello Mr. Lawyer, will you take on our surefire case against Linux?
Lawyer: Surefire? Ha ha... *ahem*
(SCO hands lawyer large wad of cash)
Lawyer: Of course I will, my good man.
Many large wads of cash later:-
SCO: Mr. Lawyer, we cannot afford to pay you any more. Will you continue the battle if we divide the spoils with you?
Lawyer: What spoils?
SCO: When we win our case
Lawyer: Win? Have you been smoking crack again?
SCO: We paid you all that money.... please go along with this.
Lawyer: We'll *continue* to go along with this if you pay us more money. Why do you think we took this on in the first place?
SCO: Do you work for magic beans?
Lawyer: No, fuck off.
Press release issued where Darl McBride mentions something about "focusing on our core business of selling Unix". Everyone laughs.
Just to show my age...
The first thing that popped into my mind was an episode of the Muppett Show I was when I was but a wee lad.
Fozzee Bear wanted a raise and brought in his agent (a rat) to negotiate w/Kermit the Frog. Kermit worked the rat into a frenzy (100% raise...no, 200%...no, 300%!) getting everyone all hype.
Then Kermit left and the rat asked Fozzee what he made before. $0. The rat was, well now you get 300% of that! And remember, I get 30% of THAT!
Sad.
Learning HOW to think is more important than learning WHAT to think.
Boise swinging off Darl's nipples was really not an image I needed... but thanks anyway.
Norman Cook's Ode to Sl
OK, so that accounts for another 3.
Seriously, is anyone rolling out OneTrueUnixware on new deployments? Frankly, I'd summarily fire anyone who suggested we use it for anything other than maintaining a legacy system.
Dewey, what part of this looks like authorities should be involved?
If you all started paying for your unix/linux, instead of pirating them. Then poor SCO wouldn't be in this situation.
Want to have more success with new recruitment? Swing by the CompSci department at a non-Mormon college:
You: Hi! Would you like to learn about the second gospel of Jesus Christ?
Them: Argh! A cyclist in a necktie - run!
You: Did I mention that the guy from SCO goes to my church?
Them: What time should I be there?
Man, I'm a dyed-in-the-wool Southern Baptist, but even I would be willing to swing by for a little face time.
Dewey, what part of this looks like authorities should be involved?
Through lawyers the courts Darl has mocked
Jail is where he will be locked
It will not be funny
When Darl's out of money
Then he'll pump more than just stock
They have therefore limited their payment to $31 million for the entire case and is giving their legal team a larger slice of any settlement SCO achieves. Under the current agreement, the firm's contingency payment is 20 percent of a settlement. Under the new agreement, that increases to a range of 20 to 33 percent.
But the way things are shaping up, any settlement between SCO and IBM is going to require SCO to pay large amounts of money to IBM in order to get IBM to drop the copyright infringement claims, the patent infringement claims, the Lanham Act claims, etc., because IBM's attorneys are quickly demolishing all of SCO's claims.
IMO, the lawyers should have to pony up 20% to 33% of *that* settlement. They should get a "slice" all right...
Note to ACs: I usually delete AC replies without reading them. If you want to talk to me, log in.
I think they're on something a little stronger than pot. Think about it...if they were smoking pot, they would have sat around and TALKED about suing IBM for five billion dollars, then giggled a lot and continued to sit around and until they decided to make a taco bell run and ended up forgetting all about IBM. :)
Plus, they could get the satisfaction of firing Darl McBride.
Fire him? No, no, no, no, far too easy. Perhaps a demotion to the job of cleaning dust from the insides of old servers in the warehouse, or maybe even offering mints and cologne to upper management in the corporate washrooms. He's already familiar with the bottoms of toilets, since that seems to be where his ideas are coming from.
ERROR: divide by 0
Lawyers can and will work for free. It's called Pro Boner.
I know what I said...