Linked by Thom Holwerda on Fri 14th Sep 2007 21:36 UTC, submitted by dylansmrjones
SCO, Caldera, Unixware Yahoo reports that SCO has filed [.pdf] for bankruptcy in order to protect assets. "The SCO Group today announced that it filed a voluntary petition for reorganization under Chapter 11 of the United States Bankruptcy Code. SCO's subsidiary, SCO Operations, Inc., has also filed a petition for reorganization. The Board of Directors of The SCO Group have unanimously determined that Chapter 11 reorganization is in the best long-term interest of SCO and its subsidiaries, as well as its customers, shareholders, and employees." Groklaw has a story on it, too.
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RE[7]: Wrong chapter
by Geoff Gigg on Sun 16th Sep 2007 02:06 UTC in reply to "RE[6]: Wrong chapter"
Geoff Gigg
Member since:

Groklaw is more than PJ's opinions. It is also a convenient repository of the legal filings. There you will see SCO's motion in the Novell case in which they quote Chapter 11 law to support their contention that the Novell trial should be postponed until the bankruptcy situation is concluded. I don't know if that's ironclad, but it's definitely their intent.

As stated, Novell is not yet a creditor, and won't be until the trial is concluded because it's in dispute.

I agree with you on the probable merits of SCO's appeal. But that won't stop them trying. It's all they've got!

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