Ah, Glenlivet!!
Nov. 27th, 2007 05:38 pmit's a happy day. It's a joyous day. I'm doing my Lotto 6/49 happy dance, I'm popping the popcorn. I'm looking forward to a celebratory wee dram of Glenlivet. PJ's sent her red dress out to the cleaners.
One of the most hated companies in technology, the most hated tech company currently in bankruptcy, just got some very, very bad news.
The SCO Group (SCOX) entered the state of corporate nervana known as voluntary bankruptcy ("Chapter 11") the Friday before their case against Novell (which they were guaranteed to lose) was scheduled to start in Judge Dale A. Kimball's Federal court in Utah. They knew they were going to lose there, and were hoping that the Delaware bankruptcy court would be more malleable than the Utah Federal Court. Delaware Bankruptcy Court Judge Kevin Gross liked the quality and thoroughness of Kimball's work, and has sent it back to Utah for him to finish up.
SCOX is so dead.
One of the most hated companies in technology, the most hated tech company currently in bankruptcy, just got some very, very bad news.
The SCO Group (SCOX) entered the state of corporate nervana known as voluntary bankruptcy ("Chapter 11") the Friday before their case against Novell (which they were guaranteed to lose) was scheduled to start in Judge Dale A. Kimball's Federal court in Utah. They knew they were going to lose there, and were hoping that the Delaware bankruptcy court would be more malleable than the Utah Federal Court. Delaware Bankruptcy Court Judge Kevin Gross liked the quality and thoroughness of Kimball's work, and has sent it back to Utah for him to finish up.
SCOX is so dead.
(no subject)
Date: 2007-11-29 04:01 am (UTC)(no subject)
Date: 2007-11-29 04:17 am (UTC)No sooner had the stay been lifted than MoFo (what a WONDERFUL nickname for an attack dog of a law firm!) filed official notice in Judge Kimball's court. It looks like it took them something in the order of two hours, as the order was filed in Utah the same day.
And now Novell, the 700-pound gorilla in the bankruptcy courtroom, wants more details about this sale of a SCOX patent to their wholly-owned subsidiary, Cattleback, that happened about a couple of months before the bankruptcy filing. Juicy.