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Ocean Park's 8th Bill

By Pamela Jones et al.

Ocean Park has submitted its 8th monthly bill in the SCO bankruptcy. They're the firm hired by SCO's Chapter 11 Trustee Edward Cahn to help him figure out what to do with SCO. And eight months in, I think we can all agree that they've done an awe-inspiring job under Cahn's leadership of running the company completely into the ground, and then digging some more straight down toward the center of the earth, all without paying the creditors a blessed sou. For which labor they would like to be paid now another $38,186.00 for the merry month of May. Tra la.

When you consider that when SCO filed for bankruptcy protection, it had $9 1/2 million in assets [PDF], and only a little more than $3 million in liabilities, it's been truly amazing to watch this company commit suicide by bankruptcy court. And with so many professional helpers!

Full post as published by Groklaw on July 04, 2010 (boomark / email).