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SCO aims to reorganize, fight on with corporate garage sale

Posted by Scott_Ruecker on · 3 comments
ars technica; By Ryan Paul 		Mail this story
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Seeking to stave off final defeat, SCO has brought a (fourth) new reorganization plan to bankruptcy court. The company has proposed an asset sale to raise funds for paying off the rest of its debts and implementing a new business plan.

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Comments (3)

ColonelPanik ·
Will they be unloading their winders machines?
number6x ·
What?

They don't run Xenix?
vainrveenr ·
Quoting:Will they be unloading their winders machines?
Well they'll certainly be unloading their SuSE machines after the debilitating legal judgments via a vis Novell !!

It remains unfortunate for those still with SCO that McBride very intentionally prolongs his final mea culpa:
Quoting:Consistent failure and the overwhelming amount of evidence against SCO's legal arguments still haven't persuaded the company to give up its fight, however. CEO Darl McBride is still irrationally convinced that SCO is right and that it can prevail in court. While the company attempts to fight on, its three previous reorganization plans have all failed and the Department of Justice's Trustee Program is losing patience with SCO's stalling tactics.


Of related interest now that SCO has reached its company-wide nadir is PJ's contemplating the transformation of her renown SCO cause celebre Groklaw into a historical preservation piece. For more info on this, see the piece 'Preservation' at http://www.groklaw.net/article.php?story=20090105033126835

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