Intellectual Property Law

SCO wants Tanner to do a new job: its tax returns

By Pamela Jones et al.

311 - Filed & Entered: 01/15/2008
Motion to Approve (B)
Docket Text: Motion to Approve the Expansion of the Scope of Retention of Tanner LC to Prepare Tax Returns for the Debtors Nunc Pro Tunc to January 10, 2008 Filed by The SCO Group, Inc.. Hearing scheduled for 2/5/2008 at 10:00 AM at US Bankruptcy Court, 824 Market St., 6th Fl., Courtroom #3, Wilmington, Delaware. Objections due by 1/29/2008. (Attachments: # (1) Notice # (2) Exhibit A # (3) Proposed Form of Order # (4) Certificate of Service and Service List) (Werkheiser, Rachel)

Tanner estimates that it will charge between $36,000 to $38,000 to do the federal and all the state taxes. That's on top of what Tanner has already done for SCO as accountants. It's $500 per additional state, according to the Engagement Letter, Exhibit A, so even with all the states listed, and there are several, it's still the federal that seems to be the costly item. That estimate is if there are no unexpected "issues." If anything unexpected crops up, that might require mo' money.

Note that there will be a hearing on this February 5th at 10 AM, but judging from the way bankruptcy works, I'm guessing it will be rubber stamped.

Full post as published by Groklaw on January 16, 2008 (boomark / email).