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Intellectual Property Law

: Groklaw

More Bills in the SCO Bankruptcy - Another Half Million or So

By Pamela Jones et al.

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More bills in the SCO bankruptcy, a 22nd bill from Pachulski Stang (for June), another Tanner bill (covering April through June), and the 23rd bill from Berger Singerman, this one for July:
09/02/2009 - 905 - Application for Compensation (Twenty-Third) of Berger Singerman, P.A. for Compensation and for Reimbursement of Expenses for July 1, 2009 thorugh July 31, 2009 Filed by Berger Singerman, P.A.. Objections due by 9/22/2009. (Attachments: # 1 Notice # 2 Exhibit A # 3 Certificate of Service & Service List) (O'Neill, James) (Entered: 09/02/2009)

09/02/2009 - 906 - Application for Compensation (Seventh Quarterly) of Tanner LC for Compensation and for Reimbursement of Expenses for April 1, 2009 through June 30, 2009 Filed by Tanner LC. Objections due by 9/22/2009. (Attachments: # 1 Notice # 2 Exhibit A # 3 Certificate of Service & Service List# 4 Certificate of Service & Service List [Notice ONLY]) (O'Neill, James) (Entered: 09/02/2009)

09/03/2009 - 907 - Application for Compensation (Twenty-Second) of Pachulski Stang Ziehl & Jones LLP for Compensation and for Reimbursement of Expenses for June 1, 2009 through June 30, 2009 Filed by Pachulski Stang Ziehl & Jones LLP. Objections due by 9/23/2009. (Attachments: # 1 Notice # 2 Exhibit A # 3 Certificate of Service & Service List) (O'Neill, James) (Entered: 09/03/2009)

Get a load of Berger Singerman's bill. In the month of July, the total bill is $294,925.25. The previous balance due was $214,063.54, and SCO paid $4,954.48 of it, so the total now due is a whopping $504,034.31, $196,343 of it for litigation counseling in July. That's a lot of money. I seem to recall that at the last hearing, they said SCO's monthly cash burn was $281,000/month, so they exceeded their usual rate. SCO wasn't actually bankrupt until they filed for bankruptcy. But look at them now.

Full post as published by Groklaw on September 04, 2009 (boomark / email).

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