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SCO Group Files For Chapter 7
New submitter rkhalloran writes "The remnants of the failed litigation engine that was the SCO Group has finally filed for liquidation under Chapter 7 of the bankruptcy code. 'There is no reasonable chance of "rehabilitation."' Groklaw describes the recent filing (PDF) thus: 'I will try my best to translate the legalese for you: the money is almost all gone, so it's not fun any more. SCO can't afford Chapter 11. We want to shut the costs down, because we'll never get paid. But it'd look stupid to admit the whole thing was ridiculous and SCO never had a chance to reorganize through its fantasy litigation hustle. Besides, Ralph Yarro and the other shareholders might sue. So they want the litigation to continue to swing in the breeze, just in case. But SCO has no money coming in and no other prospects, so they want to proceed in a cheaper way and shut this down in respects to everything else.' I guess that means the lawyers will suck the marrow from the carcass and leave the bones to bleach out in the sun."
Hopefully this will be a lesson to other companies who compete using lawsuits rather than customer service.
... not a single f_ck was given.
SCO got on the shitlist of many a person and corporate entity with their senseless trolling. I'm surprised that it took this long for them to finally hit rock bottom.
Fifty watts per channel, baby cakes.
And nothing of value was lost.
the Witch is dead!
Ralph Yarro enriched himself tremendously. While SCO the company might be bankrupt, a lot of the money ended up with him.
Robert Penrose and Val Kriedel (Noorda) both committed suicide over their involvement.
Tens of thousands of us were damaged in some way.
Bruce Perens.
I'll chip in $5.00 if they provide it on a nice big flash drive.
I have a feeling that they will be one of those corporations that rise back from the grave in a few years to continue to attempt to survive off others.
I'll chip in $5.00 if they provide it on a nice big flash drive.
I'll chip in $6.99. ;)
First posting isn't trolling. It's...first posting.
I went to www.sco.com and lo and behold a new company has emerged from the ashes!
SCO filed for chapter 11 back in April of 2011 and now they're filing for chapter 7. Can someone explain what the two together might mean for SCO Group?
As a former SCO Unix user (for work) I just want to say that nothing of value has been/will be lost.
Nobody who died on that show stayed dead. Like SCO, they kept bringing them back for one more episode. Well, its time to let go, SCO. Walk off into that bright light.
SCO fits the 'green and warty' set pretty well. :)
Although the Scooby Doo ending is also appropriate; "They'd have gotten away with it, if it hadn't been for PJ."
Truth isn't Truth - Guliani
Ding, dong, the witch is dead...
Peter predicted that you would "deliberately forget" creation 2000 years ago...
You gotta shoot the zombie in the head........
I thought PJ closed Groklaw. Did she change her mind?
I am curious what SCO will do with its UNIXWare product portfolio. I would love it if Unixware source code would be made publicly available on a public domain license. There is no telling what exciting things will change in the current open source world.
Where else am I going to buy that cutting edge modern SCO OpenServer that runs on so many different varieties of hardware that has a steal price of only $1800 for a TCP/IP stack to connect to the internet plus +$799 per core!
http://saveie6.com/
I keep wondering: is there any IP there that somehow could be gotten cheaply and freed? Perhaps there's not a lot with commercial value (any more), but it might be stuff that could be used in one Open Source project or another?
They are coming back as UnXis, and they are still asserting that Linux is infringing their intellectual property, including the McBride letter:
http://www.sco.com/5reasons/#5
It's a coventure between Stephen Norris Capital Partners and MerchantBridge Group. Stephen Norris' biography includes the former presidency of the Carlyle Group, who tried to invest in SCO in 1998, in a deal netting his group 51% ownership with a court filing that included the statement "provides that the reorganized SCO will pursue the Novell/IBM litigation and other pending litigation claims aggressively,".
http://www.sltrib.com/business/ci_8267122
MerchantBridge Group is a very deep wallet:
http://www.mbih.com/
Eric le Blan of MerchantBridge is Chairman at UnXis.
I do not expect this saga is over.
Apparently, a shell company called UnXis bought all that was left of SCO (except the lawsuit) for $600K. I'm assuming SCO lawyers got some money from some Dubai emirate to set UnXis up and then proceeded to dump that money into SCO so they could bleed it out. Now that money is gone, so Chapter 7 it is...
All that Unixware/OpenServer source base belongs to them (not us).
I've got an accumulator bet on a number of horses at odds of 1/2349088560, would anyone here like to invest in this legitimate business opportunity.
--
ref: "the Chapter 11 Trustee believes that it is in the best interests of the Debtors' estates and its creditors to continue the prosecution of the District Court Action, which was the subject of this Court's Order Granting Stipulation and Order Modifying the Automatic Stay [D.I. 1396]. Based on these circumstances, the Chapter 11 Trustee requests that this Court grant the Motion to convert these cases as soon as possible".
AccountKiller
Aren't you dead yet?
Brain eating and blood sucking zombies.
'And everything seemed to be going so well', from SinCity.
Look for more pyrotechnics in this to come.
LOL
Do I get my 699 bucks back?
“He’s not deformed, he’s just drunk!”
But I don't think they actually have anything salable no matter how hard they try. There are enough court findings about the provenance of this IP that any going back to that will just cause a motion for sanction under Rule 11, which is about frivolous and factually baseless proceedings.
Bruce Perens.
Don't forget to pay your $699 licensing fee you cock smoking teabaggers.
Hail Eris, full of mischief...
E pluribus sanguinem
Darl McBride will be reduced to offering hand jobs at freeway on-ramps just to earn a living.
LK
"Hi. This is my friend, Jack Shit, and you don't know him." - Lord Kano
Ralph Yarro and other SCO shareholders had caused the Linux communities a lot of headaches for the past decade or so
We all know that they had no case, (with encouragement from M$), they filed baseless lawsuits suing almost every business entity in the Linux sphere
Is there a way for us to sue those fuckers, including Ralph Yarro, back?
They've made our lives hell, and it's only justice that we made their lives fucking hell in return
Muchas Gracias, Señor Edward Snowden !
Don't sugar-coat it, PJ.
Tell us how you really feel.
"We reject as false the choice between our safety and our ideals." --The American President (20.1.2009)
Ralph Yarro enriched himself tremendously. While SCO the company might be bankrupt, a lot of the money ended up with him.
Robert Penrose and Val Kriedel (Noorda) both committed suicide over their involvement.
There was a veil attempt to clear the name of Val Kriedel after her suicide - http://www.groklaw.net/articlebasic.php?story=20050407113517663 - but anyhoo, what do we do with Ralph Yarro ?
We should not leave him scot free after what he had done to thousands and thousands of us
If we let Ralph Yarro go we only send a clear signal to the world - come and troll us, hurt us, impair our ability to renovate, and at the end, we will let you go scot free
I am not calling for a violent vengeance or a jihad or anything like that, what I am saying is we should not let that motherfucker go scot free, just like that
Muchas Gracias, Señor Edward Snowden !
I'm surprised that it took this long for them to finally hit rock bottom.
http://www.designnir.com/
...SCO was a respectable UNIX vendor. Then the bean counters and lawyers took over; they became hungry for power, and turned to the Dark Side. They built a Death Star of litigation, confident that they could use it to crush the rebel Linux alliance. But ultimately the rebels prevailed. (The End?)
If you read the source (the Groklaw article) you will see that it's far from over yet. SCO is asking the judge to be allowed to keep the litigation alive, despite SCO being in chapter 7.
If anything this sets an awful precedent: as in create a shell company (or bankroll an existing one) have it start litigating, pay the lawyers in a share of the proceeds, sink it in chapter-7 protection when the money runs out, and let the litigation roll on. Especially effective against Open Source.
If you feel this is far-fetched, please read up on the case (e.g. on Groklaw) because this is exactly what happened here but for the judge's assent. And this particular judge has been favouring SCO ever since he inherited the case.
What was that again you said about "good riddance" ???
(The End?)
Well, I hope there aren't as many sequels and edits in this saga......
Down With Slashdot BETA!!! I've been around the corner and seen the oliphant; you can only abuse me from your perspecti
"I guess that means the lawyers will suck the marrow from the carcass and leave the bones to bleach out in the sun."
Hmmm... I guess that's a story I've not seen pursued in the zombie apocalypse genre. What *would* happen if you put zombies up against lawyers?
FIGHT!
...anything about SCO, or what they have done... So I looked it up on Wikipedia.... Yep, they are pretty evil.
"A 'person' is smart. 'People' are dumb, panicky animals and you know that."
You're falling into the same trap the SCaldera management did when they started this mess. The legal agreements, and the Novell board minutes from the time approving the sale, clearly state that the copyrights to UNIX were retained by Novell.
The old Santa Cruz Operation wanted the codebase, but couldn't come up with the money, so as a consolation they got the license fee collection business from Novell, keeping 5% for administration. Other than that they had a source license same as the other UNIX vendors
A judge can say, tell us which patents, or we'll place all employees under arrest, and suspend all financial transactions from said company, ie, a full corporate Coma.
ps. dont buy win-v8 Win2012 whatever its called.
Does that mean win7 is out of sale, and now can be considered free for all , pirate all you like, since its out of sale, never to be sold again.
Liberty freedom are no1, not dicks in suits.
What most people is forget is: scox was DOA before the scam.
Before the scam, scox had never been profitable, and scox was gushing red ink, and was soon to run out of money. That $100 million in Microsoft money was most welcome to scox execs, and investors.
Microsoft was clearly behind the entire thing since the beginning. Microsoft wanted to smear Linux, and MS wanted to scare other vendors away from contributing to Linux.
Why do you think IBM was targeted? Why not target RedHat? As it happened, IBM had just made a huge contribution to Linux. MS was too happy about it. MS wanted other vendors to know that could not just easily get away with that sort of thing. MS also wanted Linux users to know they could be sued for using Linux.
You may have noticed the MS shills, like Enderle, were 100% behind scox the entire time.
For MS, $100 million is nothing. MS spends that on one commercial campaign. I would say that MS's smear campaign was very successful for MS.
Scox execs also cashed in. One exec, named Riamondi as I remember, sold his scox shares after the share price had been pumped to $16 a share. McBride also made out very well.
The scam was a huge success for Microsoft, and Scox.
Beware the Zombie SCO.
I'm serious.
I've got my buck o'five ready... if you don't give your buck o'five, who will?
-- This space for lease, low setup fee, inquire within!
I'm sure the US Trustee could get lots of money for the cardboard box Darl Mc Bride was living in, under one of the Interstate 15 overpasses in Lindon, UT, after he lost his McMansion to foreclosure... because he wasn't as smart as Ralph Yarro, who transferred ownership of his house to his wife...
We all knew it was going to end like this, didn't we?
Here's a hearty FUCK YOU to everyone who concocted up this scam, and to everyone who helped promote it - from Brian Skiba, to Microsoft (for funding the scam in the first place), to Rob Enderle, to Dan Lyons, to Maureen O' Gara, to Ryan Tibbets, to Ralph Yarro, and all the other scumbags who tried to extort money for something that they didn't deserve, or even own. Fuck you all, in the ear.
I am equally bothered, especially with the companies that do their best to encumber us with their patents and also act (in their own interest) as members of our community. Many of them have joined the Linux Foundation, and some are on its executive board. Many of them (including Microsoft) are part of organizations like Apache Foundation, etc. Some of them are Linux distribution companies. Try to get one of those to take a real stand about software patenting.
Bruce Perens.
Check out:
http://slashdot.org/comments.pl?sid=3026767&cid=40881041
And that guy was modded +4 Insightful!
I'm tagging this story "zombie".
By the way, maybe we should give up on having a closure for this. Some smart and powerful people are behind SCO. They will continue to enrich themselves, even if the small shareholders get nothing. Paying attention to this will do nothing but depress us.
That's one less patent troll company in this world a crap more load of them to go.
we recently had a wheeler-dealer in our area who was trying to turn $2 billion in bad debts to carmakers, finance companies, and the like into 6 billion bucks. bankruptcy court threw his chapter 7 out because he was gaming the system. this is exactly what should happen to SCO, as they are trying to maintain operations (lawsuits) while filing for dissolution. dismiss the petition with prejudice, judge! they are scamming you, too!
if this is supposed to be a new economy, how come they still want my old fashioned money?
Making money selling a free OS is tough business model. Scox was never profitable. Then along comes Microsoft, with huge amounts of real $$. All scox had to do was file an obviously BS lawsuit, and the MS money poured in.
Scox would have been out of business 8 years ago, if not MS.