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SCO Files July MORs

By Pamela Jones et al.

Finally, SCO filed its MORs for July. Is anybody noticing they don't seem to be reorganizing?

I need to lighten up, yo. This is *bankruptcy* court, and your checkbook isn't supposed to balance out. Just spend, spend, spend, and who's to check your hand? You want 4 hotels on Park Place and 6 houses on Baltic Avenue? Why not? No one will ever hold you accountable. It's not like us little people, who have to, you know, pay our debts and all.

Page 16 says that professional fees for July were $340,960. For one month. That is more than SCO paid its employees and more than it made in net profit from the business that month, but who's counting? Obviously not the US Bankruptcy Court in Delaware.

Guess how much the professional fees total since bankruptcy began? $5,738,877. It means, as I read it, that instead of paying Novell what SCO owes in damages, it paid professionals to help them try to avoid it.

Then there's the millions for the IBM and Novell litigation, if I've read these MORs right.

Full post as published by Groklaw on September 25, 2010 (boomark / email).