The bankruptcy court dealing with the SCO Group has approved a loan from a group of investors. This means that the company now has sufficient funds for the pending jury trial against Novell.
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Ch. 11 Trustee Cahn Opposes SUSE's Motion to Lift Stay
Edward Cahn, SCO's appointed Chapter 11 Trustee, now making decisions for SCO, has filed an opposition to SUSE's request to lift the bankruptcy stay so the arbitration can go forward.
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SCO is getting smaller and smaller
SCO is downsizing. Ch. 11 Trustee Edward Cahn has filed a motion for the sale, transfer or abandonment of certain de minimis assets.
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More on What Happened at the Nov. 20th SCO Bankruptcy Hearing
I've been listening to the audio of the November 20, 2009 hearing in the SCO bankruptcy, and I'd like to share with you more details and clarifications about what happened, as I said I would.
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What To Do About SCO? Let's Spend More Money on Professional Advisors
I have a friend whose theory of life is that when you are down to your last $100, rather than skimping, you should go out and spend it on a luxurious, wonderful meal, because afterwards you'll think of something. SCO's Chapter 11 Trustee must be a kindred spirit.
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Any Questions About the SCO Bankruptcy Hearing? I Have a Transcript
I have now a copy of the official transcript of the SCO bankruptcy hearing on July 27, 2009. It's a 527-page document, so it will take a while to go through it, and I have to clarify the rights issues before I can post it, which will take a while. Meanwhile, I thought it would be useful to let you post any questions you would like answered. I'll then try to answer them later this evening.
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Say Goodbye to SCO
SCO may no longer have just a yard sale for court money; it seems more like a final liquidation. Will Novell receive a penny?
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SCO Bankruptcy Filings, MOR for January, Dec. Hearing Transcript
There are a lot of filings to catch up on in the SCO bankruptcy, the usual bleeding of the patient with bills and such. Also the monthly operating reports for January from SCO, and the transcript [PDF] from the December hearing which was embargoed until March but is now available.
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It’s a solvency problem, not a liquidity problem
The term “credit crunch” is very misleading for the current crisis. It suggests that the problem is merely one of confidence, that calm will return if liquidity is introduced to the system.
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Groklaw - Boies Schiller Asks Bankruptcy Court To Let It Be SCO's Special Litigation Counsel
IP Innovation LLC might like to ponder this sorry tale before they agree to do any further rat-finking for Microsoft. It might also pay Novell to think long and hard about their future in the so-called Microsoft "partnership".
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