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US Trustee Asks To Send SCO Into Chapter 7

Posted by kdawson on from the long-dark-teatime-drawing-to-a-close dept.

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."

1 of 259 comments (clear)

  1. Re:Where's Darl now? by ZosX · · Score: 0, Offtopic

    does any company i meant to say, falling asleep at the keyboard, time to sleep peeps. :)

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    zosxavius photography