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Just a bit more to gloat on, both IBM and Novell filed motions to=20 convert SCO from Chapter 11 to Chapter 7. From IBM's motion Preliminary=20 Statement: "In the more than 19 months since the Debtors filed these Chapter 11=20 cases, they have squandered cash and have operated at a loss (even=20 excluding reorganization items). They freely admit that they are not=20 likely to have the liquidity to sustain their operations for much=20 longer. The Debtors have failed in every attempt to sell or reorganize=20 the business. They have failed to provide evidence of any viable=20 business and have succeeded only in depleting the limited assets=20 available to satisfy creditors. There is neither a viable business to=20 reorganize nor an advantage to liquidating under Chapter 11. To conserve = whatever value may still remain in the Debtors' assets, these cases=20 should be converted to cases under Chapter 7". http://www.groklaw.net/article.php?story=3D20090512112723856 IMHO, these motions should have been filed earlier, but I think that the = exclusive period for SCO to seek reorganization had to expire first. I=20 think much of the motivation from IBM and Novell is to squash the=20 appeal. If the appeals court rules in favor of SCO, then Novell would=20 stand to lose most of its Unix copyrights, and the SCO vs. IBM case=20 would gain some momentum. By moving to Chapter 7, SCO management would=20 immediately be replaced by the trustee who can then make a more=20 independent decision.=20 And again, these cases have an affect on the future of Linux. --=20 Jerry Feldman <gaf-mNDKBlG2WHs at public.gmane.org> Boston Linux and Unix PGP key id: 537C5846 PGP Key fingerprint: 3D1B 8377 A3C0 A5F2 ECBB CA3B 4607 4319 537C 5846
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