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Intellectual Property Law
: GroklawSCO's Bankruptcy Hearing Monday Is Called Off
By Pamela Jones et al.
This is the third time in a row that SCO has cancelled a bankruptcy hearing. They cancelled in May, and they cancelled in April, and now again they cancel in June. Is there perchance something they'd rather not tell the judge? Something they don't want the creditors to bring up? You think?
I have a question for him. Why isn't SCO in Chapter 7? What is the plan to pay off the Yarro loan so all the assets don't end up in the hands of the man who started this whole fiasco?
I guess Judge Gross will just have to wait to find out SCO not only lost the jury trial, which he knows already, but also SCO's laughable effort to get the copyrights given to them as a present from the judge in Utah anyway. What to do? What to do now? How to stay protected in bankruptcy (so IBM can't eat them alive) while they try to figure out if they can appeal and if so, how. A hearing might be a tad awkward at the moment, I'm guessing.
Full post as published by Groklaw on June 18, 2010 (boomark / email).
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