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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."

5 of 259 comments (clear)

  1. Re:Too late? by jcr · · Score: 0, Redundant

    liquidate what?

    Office furniture, computers, buildings? They did have a sizable operation going on at some point.

    -jcr

    --
    The only title of honor that a tyrant can grant is "Enemy of the State."
  2. I personally look forward to by Pop69 · · Score: 1, Redundant

    being able to drag SCO out, cut off its head, stake it through the heart and bury it face down at a crossroads.

    Then I'd like to take off and nuke it from orbit, it's the only way to be sure.

  3. Re:Sell to the 'glue factory' is the only option.. by xouumalperxe · · Score: 1, Redundant

    Did anyone else read "both of those viable options" as being the dog food and glue?

  4. Re:Where's Darl now? by Anne+Thwacks · · Score: 1, Redundant
    If it still works, there's no need to replace it.

    Unfortunately for Vista, if its an MS product, that reads: Whether it works or not, there's no need to replace it. (the replacement won't either).

    --
    Sent from my ASR33 using ASCII
  5. On a side note by WillRobinson · · Score: 0, Redundant

    The Salt Lake City Tribune is reporting a mass exodus from the Salt Lake City Area, as NASA has reported that a meteor is destined to hit, and now is in the outer stratosphere. News at 10