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More SCO Bankruptcy Filings

By Pamela Jones et al.

I don't know which of us will be happier when the SCO bankruptcy finally winds down, SCO or me. But faithful to the end, I have the latest bankruptcy documents for you.

SCO Group's MOR for February [PDF] lists a book value for SCO China as of February 28, 2009 at zero. That's on page 7 of the PDF. It was valued at $497,858 as of September 2007, when SCO initially filed for bankruptcy protection. And poof. It's gone. Buh-bye.

SCO Operations' MOR [PDF] shows net cash flow at (538,952), with cash on hand at $2,436,636, so the end is nigh, absent help from above. Well, from outside, anyway, something I never rule out.

On page 4, it shows no royalties from China via Japan, whereas cumulative filing to date in that category was $802,644. It also lists on that page $25,607 as money owed Novell, restricted cash, SVRx. Then page 12 lists another $147,390. On that same page, I see Japan has rather a lot in the bank, a couple of million, with total foreign subsidiary cash listed at $2,614,359, and SVRx restricted cash for Novell listed at $2,032,874. Why it's in Japan... well, I have no idea.

Full post as published by Groklaw on April 14, 2009 (boomark / email).