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Lots of bankruptcy filings, including a reply by SUSE in support of its motion for relief from the automatic stay and Chapter 11 Trustee Edward Cahn has filed an Objection to Al Petrofsky's motion to compel him to comply with reporting requirements. And Ocean Park Advisors has filed an Amended Exhibit A. But that isn't the big news.
The judge in the SCO bankruptcy has denied [PDF] SCO's motion to extend exclusivity. Surprise, surprise. The only way to grant it was to rewrite bankruptcy law, as I read it, so everyone else can file a reorganization plan now, if they wish to. I notice they are not falling over each other to do so yet. And SCO has finally filed its monthly operating reports for March.
SCO has filed two two monthly operating reports, one for SCO Group and one for SCO Operations. This is like watching water drain from a slow tub. Also the transcript of the June 17 hearing is now available. And Dorsey & Whitney have submitted another bill going back to April.
SCO has filed its monthly operating reports for March. This the month they did the deal with Ralph Yarro, so we find out what they did first with that loan money. Pay themselves, of course, and their lawyers. And one of their experts.
Yes, the flow of money out of SCO never ends, it seems, and so Pachulski Stang has filed a couple of more bills in the SCO bankruptcy. At some point it has to end for them. They withdrew from the case back in November on the 16th, and here we are in February, and they are filing bills for September and November, but not October. That must still be on its way. That alone seems odd.
So, more filings in the SCO bankruptcy, and more bills. The accountants, Tanner, have filed their 8th interim bill since SCO filed for Chapter 11 protection. Astonishing, isn't it? The grand total of all of Tanner's bills comes to $264,296.30 plus expenses. When SCO first filed, back in September of 2007, it actually still had some money. How about now?
The SCO Group a leading provider of UNIX® software technology and mobile services, today announced that it filed a voluntary petition for reorganization under Chapter 11 of the United States Bankruptcy Code.
