[SATLUG] SCO is almost belly up.

Bruce Dubbs bruce.dubbs at gmail.com
Thu Aug 9 10:49:32 CDT 2012


Jose Leiva wrote:
> The end is almost near for SCO, hopefully they don't linger for too long."Linux
> Copyright Troll SCO Files for Double Secret Bankruptcy"
> http://www.wired.com/wiredenterprise/2012/08/sco-double-secret-bankruptcy/

They will linger silently for years.  They have $137K in the bank as of 
their last report and no other resources except a contract with their 
lawyer to pursue the meritless IBM lawsuit.  Unless they abandon the 
outstanding lawsuit SCO will continue to exist in a coma for years.

Congratulations to Judge Gross of Delaware that has managed to transfer 
$5M of SCO assets to bankruptcy lawyers without paying debtors anything.

   -- Bruce



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