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SCO Bankruptcy Hearing on Selling Assets to unXis Set for March 2 at 2 PM

By Pamela Jones et al.

SCO claims that there is a hearing scheduled for March 2nd at 2 PM in the US Bankruptcy Court in Delaware. This is the big one, the hearing to decide if SCO can sell off its assets to the same folks they couldn't sell to last time when the court wondered if the deal showed good faith.

I know. You are thinking that they'll just cancel again. I don't think so. The last cancellation wasn't SCO. They'd filed their typical last-minute surprise filing on the eve of the hearing, thinking Novell wouldn't have time to research much, and then the judge postponed it. SCO only then revealed that Steven Norris is still part of the unXis wheeler-dealers, and they provided more details about unXis and who is involved in the proposed deal and who is putting up the money. Then the hearing was postponed at the 11th hour. So Novell has had lots of time to research and find out all the details they can. Even we found out that one of the personages SCO proposes to set up as an advisory board is a Microsoft employee. Not that SCO revealed it, by the way. So, unless SCO throws more last-minute details onto the pile, it will be the first hearing in a long time where SCO won't be benefiting from their win-by-surprise strategy.

Full post as published by Groklaw on February 28, 2011 (boomark / email).