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Darl's Dreams for the Future Amplified

By Pamela Jones et al.

Yesterday, we reported that Darl McBride said that the plan for a reorganization is to spin off the "Unix assets" and leave him behind as CEO of the remnants of the company, that is, of the litigation. There are more details in the Daily Herald today, and apparently that is only one possibility:

Among proposals considered for the new reorganization plan is a possible spinoff or sale of SCO's Unix business, and allowing SCO to focus exclusively on its litigation with IBM and others....

"SCO is interested in selling the Unix business so it can continue unhindered by the litigation, that's one of the plans being considered," McBride said. "After reviewing the strength of the Unix customer base and Unix technology, Norris decided to buy the Unix business, and may spin it off into a separate company with a new name and new owners. SCO may become a holding company for ongoing litigation."

Hmm. A holding company with no assets? And when they lose, they will pay how? From the details, I think the dream is to pay Novell off from the proceeds of suing new Linux users, in a kind of a renewed SCOsource effort, if the Utah court rules a certain way. That would be ironic. Let me show you what I notice.

Full post as published by Groklaw on June 19, 2008 (boomark / email).