SCO Springs a Prospective Buyer

clemenstimpler sends a link to Groklaw, which has been following the proceedings dealing with the conversion of SCO's bankruptcy to Chapter 7 (i.e., liquidating the company). SCO has announced a prospective buyer. "...SCO has suggested it has a buyer. That doesn't mean it will avoid Chapter 7 of course, nor does it mean that the bankruptcy court will OK the suggested sale. But it likely does mean more delay, which is what this is likely all about. SCO very much wants to wait until the appeals court rules in SCO v. Novell. ... Hearing set for July 16 with backup for July 27. SCO has already moved to make it July 27. combo hearing on convert and sale. Frankly, it would not totally amaze me if the three entities that filed motions to convert were to appeal this. If not, SCO got its desired delay."

Comments

How many hops to M$ ?

[Alain Williams]

How far do we need to follow the money to find Microsoft ?

Hiding the money

[jrumney]

From another article (I can't access groklaw right now, so I don't know if the same is stated on groklaw):

The remaining SCO company will also continue to enforce its appeal of U.S. District Judge Dale Kimball's ruling in August 2007 that found Novell, not SCO, rightfully owns the copyrights on the Unix operating system, he said.

So this is an attempt to get the remaining cash and Unix assets out of reach of Novell, and leave the shell of SCO (plus some mobile products that most likely have no value) to continue the lawsuit, with no money left over for Novell and IBM when they eventually run out of appeals.

Re:in this day and age?

[Chrisq]

in this day and age...after the credit implosion and GM's bankruptcy..after Madoff....there's someone still stupid^H^H^H^H^H^Hbold enough to buy SCO? Man....can someone get me his number? I've got a few dozen bridges and landmarks to sell him, not to mention a few automobiles.

Yes sure, he's the guy that's managing your retirement account.

That's not how an appeal works

[gavron]

The Court can rule that the case goes back to the Utah Court or not. It will not rule on the merits of the case, so it will not ever in any way, shape, or form rule that SCO has the rights to Unix or any other pipe dream.

There is no indication that the decision of the appeals court will occur in the next six weeks. SCO is stalling because that is the tactic they've adopted from the very first "suitcase of proof" and "millions of lines of code" and "MIT deep-divers."

FUD works when it lasts for a very long time, not when it's immediately dispelled.

E

Re:No appeal of the delay

[Lorien_the_first_one]

The ideal arrangement is to have the purchase go through before the appeal. Then have the appeal denied. That way the estate is refreshed with big bucks just in time for the hoovers to move in.

Erm....guys?

[Sj0]

Hang on.

So they lied about linux containing unix code.
Then they lied about owning full unix rights.
Then they lied constantly about their ability to handle it in court.
Then they lied to the court by using stalling tactics pretending they needed information.

Maybe they're lying? You know, flat-out, bald faced shameless lying? They're already so badly in trouble in the courts, what's one more lie if it helps stave off death a bit longer?