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SCO Reports on De Minimis Assets Sale and Ocean Park's 6th Bill

By Pamela Jones et al.

SCO has now filed with the bankruptcy court in Delaware its report on the small stuff it sold off, what it calls its First Quarterly Report of De Minimis Asset Sales Consummated By the Chapter 11 Trustee Pursuant to Order Approving Certain Procedures for the Sale, Transfer or Abandonment of De Minimis Assets.

It's their report on selling off the minor stuff, from a financial standpoint, like fork lifts and domain names. Caldera Graphics in Paris finally got the Caldera.com domain name it's been wanting for years, for just 500 Euros. That means, of course, that the prior robots.txt file no longer blocks access on Internet Archive. Surprise! Linuxtraining.com got sold for $10,000.

Ken Nielson bought a laptop, which will not surprise geeks of the security variety. He paid $100, which does surprise me a little. And Canopy got a conference table and chairs. And SCO really did sell off a fork lift for $700.

And Ocean Park has filed its sixth bill. $91,829.50. Heavens. For the month of March. Well. You'd have to sell a lot of fork lifts to pay them off. Who knew bankruptcy could be so lucrative? They do know the idea is to take in more than they spend, right? And that creditors are supposed to get at least some of the money? I mean, without all the professional help SCO has been getting in bankruptcy court since September of 2007, Novell could have been paid on the very first day SCO filed for Chapter 11 protection. There seems to be an imbalance in the universe.

Update: And news on the US Supreme Court front. SCO has been given more time to respond to Novell's petition. The new date is August 5.

Full post as published by Groklaw on May 03, 2010 (boomark / email).