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SCO Group returns from the dead to haunt Linux

Posted by Scott_Ruecker on · 10 comments
ZDNet Asia; By Stephen Shankland
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SCO Group, which for years has claimed that Linux infringes on its Unix intellectual property, has received new funding and seems set to continue its battle against the open source operating system. Stephen Norris & Co. Capital Partners said Thursday it and unnamed Middle Eastern partners will fund The SCO Group with up to US$100 million to take over the financially beleaguered Unix company, move it out of bankruptcy protection, complete its controversial and unsuccessful Linux litigation, and take it private.

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Comments (10)

Zombies eh, well that calls for Voodoo not lawyers.

This whole SCO thing is sick. There goes the neighborhood.
Hmm, I bet a fps game using the SCO offices as the location would probably be extremely popular with Linux users. You could even give it an undead theme.
> Hmm, I bet a fps game using the SCO offices as the location would probably be extremely popular with Linux users. You could even give it an undead theme.

A great doom level. SCO management as zombies, lawyers as pinkies etc.
Bill Gates is the big monster in the final level.
does this mean that SCO will be able to pay novell what is owed to them?
"Unnamed Middle Eastern partners." Sounds like "Bill bin Gates" and his "Al Microsoft" insurgents doing the funding. ;)
According to linuxwatch.com, part of the buyout agreement is that Darl McBride be fired.

theboomcars: SCO probably won't pay a penny. The company bought a majority stake in SCO, and they'll probably vote to take SCO private, where they can declare Chapter 11 bankruptcy and erase all their debts, including those owed to Novell.
I thought SCO is already in Chapter 11? Part of approving the Ch11 process is that the petitioner must show a reasonable plan for restoring financial solvency. If they can do that, they get some temporary protection from creditors, supposedly. (True to form, SCO is gaming the system WRT that part.)
FTA >> Despite an attempt to begin a new line of mobile-computing software called Me, ...

Software called "Me" that failed. Hmmm.

gus3 >> I thought SCO is already in Chapter 11?

Yeah, they are. I'm wondering if nalf38 meant Chapter 7. That would, of course, require them to dissolve the company. However, they could sell the assets to a friend for some paltry amount, wait 91 days, declare Chapter 7, dissolve the company, then go to work for their friend. (Happens all the time.)
The trouble is that it's not a "debt" that is owed to Novell.

What is owed to Novell is their own revenue that was received by SCOG from their clients, and should have been remitted to Novell, minus a 5% administrative fee.

It was never SCOG's money in the first place, and therefore isn't really considered a "debt" per se.

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