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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."
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.
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.