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Chapter 11 Trustee Appointed For SCO

I Don't Believe in Imaginary Property writes "The judge overseeing the SCO Chapter 11 bankruptcy case has issued an order appointing a chapter 11 trustee to oversee SCO's operations. However, the judge's reasoning is far from clear. While the judge believes that SCO has 'abandoned rehabilitation' to bet its future on litigation, he doesn't think it appropriate to convert their case to Chapter 7 liquidation. So SCO's management hasn't been fired yet, but they're no longer fully in charge either. It's not clear why the bankruptcy judge opted for this solution, when even the US Trustee was pushing to fire SCO's management and convert the case to Chapter 7. In short, SCO is still only mostly dead, rather than all dead, and in desperate search of a miracle worker."

13 of 89 comments (clear)

  1. To Blathe! by Archangel+Michael · · Score: 3, Funny

    "Did you say to blathe? Well as everyone knows, to blathe means to bluff."

    SCO bluffed, and got caught. Miracle Max only works for True Love, not To Blathe

    --
    Agent K: A *person* is smart. People are dumb, stupid, panicky animals, and you know it.
  2. In other news... by johnthorensen · · Score: 5, Funny

    3D Realms has announced post-reorganization merger plans with SCO Group. SCO shares were up $0.02/share for a gain of 10000% on the news that they would be suing themselves for non-performance.

    1. Re:In other news... by DMUTPeregrine · · Score: 2, Funny

      Verizon executives were said to be confused as to how two-thousandths of a cent could be a 10000% increase, even for SCO.

      --
      Not a sentence!
  3. Re:Free UnixWare and OpenServer! by kennedy · · Score: 2, Funny

    My kingdom for a mod point. Sigh.

  4. Re:Free UnixWare and OpenServer! by johnthorensen · · Score: 2, Funny

    What, no love for XENIX? :-)

  5. Re:Aw... don't feel bad SCO... by MichaelSmith · · Score: 2, Funny

    You've been "mostly dead" all day...

    Time to go through his pockets for loose change I think.

  6. not only zombie-like, but completely inauthentic by Trepidity · · Score: 3, Funny

    As a resident of Santa Cruz, I would expect any authentic "Santa Cruz Operation" to involve growing plants.

  7. Re:Miracle Worker? by Shakrai · · Score: 4, Funny

    There were stories that the CEO of Enron, Ken Lay called the Whitehouse after things collapsed. His call was not taken.

    "Your call has been forwarded to an automated voice messaging system. 'IS THIS THING ON? *tap, tap, tap* HEY THIS IS GEORGE LEAVE A MESSAGE!' is not available. At the tone please record your message. When you are finished recording you can hang up or press '1' for more options. To leave a callback number, press '5'."

    --
    I want peace on earth and goodwill toward man.
    We are the United States Government! We don't do that sort of thing.
  8. SCO???? by icedcool · · Score: 2, Funny

    Who?

    --
    Most people aren't thought about after they're gone. "I wonder where Rob got the plutonium" is better than most get.
  9. Re:Suing people is *not* a valid business model... by davester666 · · Score: 2, Funny

    > Evil never dies...

    Because nobody goes after the lawyers!

    --
    Sleep your way to a whiter smile...date a dentist!
  10. SCO is like a bad movie monster... by jd2112 · · Score: 2, Funny

    You can kill it, but as long as there is even a remote chace that money can be made it will be back in a sequel.

    --
    Any insufficiently advanced magic is indistinguishable from technology.
  11. Re:Maybe to keep 'em from sneaking stuff out the d by Sanat · · Score: 2, Funny

    You focus on the purchase price.

    I got you covered for the extra $100

    Even if you can't purchase SCO the $100 is still yours for the punch.

    --
    And in the end, the love you take is equal to the love you make
  12. Re:Free UnixWare and OpenServer! by evilviper · · Score: 2, Funny

    I hear a lot about SCO suing people but I don't think I've ever heard someone say they were buying a SCO product..

    Some topics just aren't discussed in polite company.

    --
    Slashdot gets worse every day... Pipedot: News for nerds, without the corporate slant