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Creditor Objects To SCO's Plans
I Don't Believe in Imaginary Property writes "It seems that SCO is never without a trick up its sleeve. In the new '$100 million' reorganization plan, $5 million of which is cash and $95 million credit, one of the creditors is protesting because SCO is hiding the Definitive Documents until there's no time to object. In their own words, 'The debtors are proposing to file the Disclosure Statement 33 days before the hearing, in compliance with the requirement that it be filed at least 25 days before the hearing (F. R. Bankr. P. 3017). However, it is clear that this Disclosure Statement will be inadequate for evaluating the Plan, because it will not include any of the Definitive Documents. The Debtors are proposing to file the Definitive Documents separately, and to do so a mere five business days before the hearing, which is zero days before objections are due.'"
... will SCO disapear? It's enough already.
Hiding important information has always been one of SCO's favourite strategies, right? (e.g. "Linux infringes on our IP, but we can't tell you where, how, or why.").
needawoodenstakethroughtheheart
undead
whywontyoujustdie
The press release stated that Stephen Norris Capital Partners was doing the deal, that it was a limited partnership, without specifying in which state, and it listed Norris as "managing partner" of SNCP:
"We saw a tremendous investment opportunity in SCO and its vast range of products and services, including many new innovations ready or soon to be ready to be released into the marketplace," said Stephen Norris, managing partner for SCNP....
About Stephen Norris Partners
Stephen Norris & Co. Capital Partners, L.P. is a private equity investment partnership formed to (i) "co-invest" alongside well established and successful private equity and leveraged buyout firms, (ii) take advantage of the business experience and relationships of its Investment Committee, including Steve Norris' long-standing relationships and substantial private equity experience.
While the press release says that SNCP is a partnership, the MOU says it's a deal between SCO and STEVE NORRIS CAPITAL PARTNERS, LLC and it defines SNCP as "Stephen Norris Capital Partners, LLC" and it further says it's a Delaware limited liability company ("Investment Team: Stephen Norris Capital Partners, LLC, a Delaware limited liability company ("SNCP").").
...you will never find a more wretched hive of scum and villainy.
Dog is my co-pilot.
SCO will be with us for many years to come. That's why I paid my $500 fee!
PAY YOUR $500 FEE YOU PINKO COMMIE
On 21 July 2003, SCO announced it received U.S. copyright registrations for Unix System V source code. SCO claims that its IP rights from UnixWare cover the latest kernel version of Linux, v.2.4, which includes code important in symmetric multiprocessing (SMP) scaling. SCO said it will offer UnixWare licenses to enterprises that use Linux 2.4 and later and will not sue Linux customers for past copyright violations if they buy a UnixWare license.
Hey, with these guys, get your money now. The lawyers fees will eat it otherwise.
Totally amazes me how this takes so long to say what everyone believes, SCO - go-away. You have no claim nor future.
SCO was able to spew its fud at will in America, no proof required. In Germany they got slapped down. The German courts said in effect: "If you can't prove what you're saying is true, you have to shut up."
It is pathetic that SCO has been able to drag this farce out for so long.
Why is SCO still news?
Sounds like the creditors are getting what they deserve. Lay down with dogs...
that's when it will end.
if this is supposed to be a new economy, how come they still want my old fashioned money?
Here is the real story:
Legitimate businesses are dying for venture capital. And here it is, being wasted.
Fair payback to the creditors helping to keep that turkey afloat. What, you thought they only were out to screw other people?
I know, I know, don't feed the trolls. . . but he's so cuuuuuutte.
Judge Kimball already found that there was never any transfer of copyright. SCO's copyright registration was fraudulent (well, I suppose you could make the argument that it isn't fraud if they really *believed* they owned the copyright, but nevertheless, it's still invalid). It's already been decided that SCO does not own Unix copyrights or trademarks (the trademark issue was not decided in court, I do not believe, but by the US Patent and Trademark Office, I believe, which said that Unix was already a trademark owned by the Open Group [which anyone could have told SCO, but they wouldn't listen, of course]).
Basically, SCO owns no part of Unix.
There's also the *small* problem that they've never actually demonstrated any infringement by Linux, even if they *did* own Unix. Which they don't.
This whole Bankruptcy charade, as far as I can tell, has mostly been about delaying the inevitable, so that SCO's execs and board of director could continue to get salaries and outrageous bonuses for as long as possible, bleeding the company dry and leaving a worthless, dessicated carcass for Novell, IBM, Red Hat, and Autozone to fight over.
I think all this court-related mumbo-jumbo should be dropped in favor of a more efficient way to settle things. Darl and Linus should meet in a forest, with witnesses from both sides. They should stand back-to-back, walk ten paces, turn around, and shoot. Darl should be given a water gun. Linus should be given a BFG-9000.
It will be whan Natalie Portman comes out with her own line of Hot Grit Pants, in Soviet Russia.
;)
And Yes, I AM an insensitive clod.
Truth isn't Truth - Guliani
The Lady falls in love with a Snake, and she invites him into her home.
The Snake bites her, and hurt and horrified, she cries, "I will surely die! Why? Why did you bite me?"
"But my dear," the Snake replied, "I am a Snake, and you should have known better."
Moral of the story? Same as every other. . . "Ignorance Endangers."
-FL
Am I alone in noticing the irony that someone using the name "I don't believe in imaginary products" is contributing news on a company that really hasn't offered any sort of product in quite some time, yet still sold something?
Those who believe the Internet is private,
find their privates are on the Internet.
...to pay your $699 licensing fee you cock smoking teabagger
Fixed
Make SELinux enforcing again!
Just let him use the same old foot gun. We all know he just can't miss with that piece of iron.
the story would have been believable had you not thrown in the crap about a teenage girl fearing you for not having secrets
with that and the "live my life" crap you just come off as sanctimonious
good effort though
Oh man, I miss this guy. Where's he gone? What was his name again? SCO$699feetroll or something? I wonder if it was really Darl.
In Other News, Capitalizers all around the World rejoice when the Definitive Documents will not be Heard of, or Seen, before the Disclose Statement has been passed before the Council of the Upper Case. Shift key Users all around the Planet will express their Utmost Pleasure at the Revealing of the Plan. Dr Evil, in the mean time, who is an Ardent Caps Lock Aficionado, will make all Debtors Disappear. It's That Easy.
Religion is what happens when nature strikes and groupthink goes wrong.
Serves them right for investing in SCO. Muppets.
You feel sleepy. Close your eyes. The opinions stated above are yours. You cannot imagine why you ever felt otherwise.
While it was Sun and MS that originally started this crap, Sun pulled out once caught (and sold their ill gotten stock), and it has been a total MS deal every since. Vista has not taken off. Had it done so, then SCO would have chap 7 long ago.
I prefer the "u" in honour as it seems to be missing these days.
SCO == SCO's Creditors Object.
c0w goes moo.
> So, what's the five million for?
Total speculation: maybe this is the part where msft wants the scam to just go away. Act as if it never happened. So everybody gets enough loot, so that they have nothing to really bitch about. Then scox is taken private, and disovled.
Yeah all that stock that the CEO was given is really going to make him some money!
The only thing he has to worry about is if the stock were to (for some unknown reason, god forbid!) become worthless...
SCO == Slimy Conniving Obfuscators
or if you prefer:
Smelly Cumwad Onanists
Smarmy Cretinous Organization
Scat Consuming Organisms
Smoke Casting Operators
Sue-happy Criminal Operation
Silly Craven Oblocutors
Sullen Crooked Obscurators
Seed Capital Obliterators
Silly Corporate Odditorium
Shit Casting Odibles
Saccadic Cacogenic Onomancers
Sacculiformed Coprolithic Oschealopaths
Salacious Contumacious Ophidians
Sanctimonious Contemptuous Opisthosomes
with that and the "live my life" crap you just come off as sanctimonious
Sanctimonious? Well, that's subjective. All I can say is that I do my best to be the best version of myself. I don't always get it right, but it's hardly fair to say that anybody's efforts are false.
And calling me a liar? Come on. --You can't actually do that within the bounds of logic. The best you can honestly say is that you have trouble believing me. --And seriously; my little anecdote is really not that far out, but if your experience of the world has been limited to predictable excursions, then I can see why you might be inclined to think otherwise. Six billion people offer a lot of different possibilities. Get out and try meeting some of the more interesting ones and then you'll see. But you won't get very far if you pre-judge everybody and call them names. --You'll just find yourself sitting grumpily at a little table in the corner, scowling at the world for not existing according to the instruction manual while there is dancing and music in the streets.
-FL
A fool and their money are soon parted.
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