The Fat Lady is Singing!

oGMo

Fri Sep 14 16:35:37 -0700 2007

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She better not be. I haven't waited to see fireworks and people thrown in jail for all these years just to have it all end with SCO getting away scott-free on a chapter 11.

The Fat Lady is Singing!

Frank Ch. Eigler

Fri Sep 14 18:09:19 -0700 2007

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This could unfortunately make it hard for Novell to collect their likely winnings.

Fear not...

OmniGeek

Mon Sep 17 12:25:34 -0700 2007

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Expect Novell to file with the bankruptcy court to allow the Utah court (now hearing the SCO/Novell case, but stayed 'cause of the bankruptcy filing) to decide the amount of license fees that SCO owes Novell, before allowing the bankruptcy to proceed. (This seems logically necessary, as SCO is theoretically solvent in the absence of the Novell judgement, and that amount is essentially all that's left for the bench trial in Utah to determine). Once it is known how much of the disputed license fees actually belong to Novell, the bankruptcy proceeding can reasonably proceed. (Assuming the bankruptcy judge sees things that way.)

One vital point to note: The fees at issue (ballpark $30M, IIRC) are NOT a debt owed by SCO to Novell, but represent Novell's property improperly converted by SCO (says the Utah court's judgement), which potentially puts Novell right at the head of the line, collecting 100% of that amount before the bankruptcy proceeding even begins. Since that may well exceed SCO's available assets, it would mean the end for SCO and could conceivably put Novell in possession of SCO's assets ahead of any Chapter 11 reorganization or even a Chapter 7 dissolution.

I think Novell will collect all there is to get, including a few hides to nail to the wall.

The Fat Lady is Singing!

AB3A

Fri Sep 14 18:25:11 -0700 2007

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Good riddance!  I wish them nothing but what they deserve.  May they stay bankrupt and file chapter 7 proceedings. 

The one good outcome here is that we've been learning to defend FOSS.  I hope others take note and think twice before using the awful tactics that Boyes Schiller, et al. have perpetrated. 

Are you watching, Microsoft?

The Fat Lady is Singing!

Paul Jackson

Fri Sep 14 19:42:18 -0700 2007

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I'd still like to see the Mormon Church, who's world's largest genological database is hosted on an IBM mainframe running thousands of instances of Linux excommunicate ol' Daryl.

The Fat Lady is Singing!

Richard.Neal

Sat Sep 15 00:08:25 -0700 2007

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YAY!, the wicked witch is dead, and Bill.."UP YOURS!!"

The Fat Lady is Singing!

Petr Mareš

Tue Sep 18 06:07:48 -0700 2007

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This is another example of death from cuddling with Microsoft, Novel should learn.

The Fat Lady is Singing!

pyro9

Wed Sep 19 09:04:14 -0700 2007

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I can't think of any company that has done a deal w/ MS and NOT come out worse for it. Many just end up drying up and blowing away after MS sucks the life out of them. The bigger ones sometimes manage to survive by hacking off a line of business and escaping.