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US Trustee Asks To Send SCO Into Chapter 7

Several readers including Pop69 inform us that the US Trustee's office has asked to convert SCO's Chapter 11 bankruptcy to Chapter 7 — a.k.a. liquidation. Groklaw has the text of the filing: "...not only is there no reasonable chance of 'rehabilitation' in these cases, the Debtors have tried — and failed — to liquidate their business in chapter 11."

10 of 259 comments (clear)

  1. Ahem. Ahem. by symbolset · · Score: 4, Funny

    That's the fat lady clearing her throat.

    Strangely enough, now I want to hear from Enderle and D'Idiot. I want to hear them whine about the unfainess of it all, how these saints were ridden out of town on a rail when their cause was just. I want to hear them tell the tale of the briefcase with millions of lines of copied code was pilfered from SCO's case in the thick of night.

    And then I want them to vanish into ignominy.

    --
    Help stamp out iliturcy.
  2. Re:Liquify what? by Culture20 · · Score: 4, Funny

    Liquify what?

    Their lawyers? Chief Officers? A company might be able to make some soylent green and make a profit.

  3. Re:Taking bets by hedwards · · Score: 4, Funny

    That's too big to fail, but SCO's too fail to bail.

    Totally different.

  4. Don't forget... by Anonymous Coward · · Score: 5, Funny

    ...to pay your $699 licensing fee you cock smoking teabaggers!

  5. Re:Liquify what? by Devout_IPUite · · Score: 4, Funny

    Sell the patents to another patent troll company. Duh.

  6. Today's top story by Anenome · · Score: 4, Funny

    Today's top story: In a bid to stave off bankruptcy, SCO Inc. has decided to sue everyone. That's right, everyone. SCO spokesman Seth Tuller says that 'everyone' will be served with court papers during lunch-time tomorrow. Tuller is quoting as saying, "Everyone owes us money, and everyone must pay." Stockholders are up in arms over this last minute bid to serve the entire world with a reverse class-action lawsuit, saying that the estimated $100 billion cost of doing so is just the latest in a long line of terrible decisions by company management.

    In other news, the dancing penguin video has become the latest sensation to hit the web...

    --
    "I Don't Have Enough Faith to be an Atheist"
  7. Re:How long has it really been? by uvajed_ekil · · Score: 4, Funny
    The wicked witch may not be dead yet, but she has pneumonia, gangrene, a wicked case of uncontrolled syphilis, and a lazy eye. And H1N1 influenza. And no health insurance or VA benefits. Medicare has its limits. And her good eye is infected from pickin' at it...

    ...but I think she's more like the Annoying Witch really, as she was too inefective and irrelevant to ever really be all that wicked.

    --
    This is a hacked account, for which the owner can not be held responsible.
  8. One more thing... by Timbotronic · · Score: 4, Funny

    I think a sharpened wooden stake is called for at this point.

    --

    One of these days I'm moving to Theory - everything works there

  9. Re:Ahem. Ahem. by Opportunist · · Score: 4, Funny

    But be honest, you KNOW this hand comes, don't you? I mean, how many zombie movies have you seen? You're actually pissed when it doesn't come. It's like sex without an orgasm when you're sitting there, the hero has his love interest in his arms and that fuckin' zombie stays just DEAD. "C'mon! Move!", you scream at the screen, "how can you let him get away with this without a last, feeble attempt to claw at him!"

    I'd feel cheated if zombie Darl didn't at least try to move and lift four fingers to make that chapter 7 an 11 again.

    I feel there's a 7-Eleven joke in there somewhere, if someone finds it, please inform me. Thanks.

    --
    We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
  10. Re:Liquify what? by Anonymous Coward · · Score: 4, Funny

    And guess who is going to buy all the chairs...