Re: SCO goes private!!!

["Jerry Feldman-2" <user=4@nabble.blu.org>]

 On Thu, 14 Feb 2008 22:09:38 -0500 
David Kramer <[hidden email]> wrote: 

> http://www.internetnews.com/bus-news/article.php/3728201/SCO+Plans+Rebound+Thanks+to+100M+Lifeline.htm

I saw this on GrokLaw. Essentially, it needs to be approved by the 
bankruptcy court and the creditors. And remember that the chapter 11 is 
currently on hold until the SCO vs. Novell case is decided in the Utah 
Federal Court. Additionally while SNCP will hold a controlling 
interest, it does not buy out the existing stockholders and could 
possibly leave SCO open to a stockholder suit. 

But, it does allow SCO to pursue its appeals on the Novell lawsuit and 
to continue to pursue the SCO vs. IBM lawsuit. Additionally that also 
might keep the Red Hat vs. SCO case alive. 

The bottom line here is that SCO stockholders get screwed. The issue on 
the Linux issues remains alive. And, Pamela Jones can have more stuff 
to talk about in the future. 
Personally after following the IBM and Novell cases, I don't think that 
Judge Kimball's rulings on the Unix and UnixWare IPs will be 
overturned. 

-- 
-- 
Jerry Feldman <[hidden email]> 
Boston Linux and Unix 
PGP key id: 537C5846 
PGP Key fingerprint: 3D1B 8377 A3C0 A5F2 ECBB  CA3B 4607 4319 537C 5846 
_______________________________________________ 
Discuss mailing list 
[hidden email] 
http://lists.blu.org/mailman/listinfo/discuss