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Transcript of SCO's March 30, 2009 Bankruptcy Hearing

By Pamela Jones et al.

We have the transcript [PDF] now from the March 30th bankruptcy hearing, and we've done it as text, so we finally get to find out precisely what happened.

If you recall, the hearing was about SCO's request to extend the time to exclusively present a plan of reorganization. It had some elaborate math to justify the request, even though a child looking at a calendar would say its time for exclusivity had clearly run out.

It turns out there was a lot of confusion and discussion about it at the hearing, but in the end the judge ruled against SCO. Both IBM and Novell argued that SCO should be sent to Chapter 7 or that a Chapter 11 trustee be appointed, so the SCO ship wouldn't be run into the ground leaving nothing for creditors like them. The judge ruled that there would be no extension of exclusivity, and that no matter what the exact days' counts were, it was time for others to offer their plans. He believed the time for exclusivity had terminated anyway. So he set up a schedule for motions from IBM and Novell to be filed.

SCO had shown up once again with a plan that wasn't quite ready to be filed, with glowing stories about how wonderful it would be when it was fully baked. I think you'll enjoy listening to the IBM and Novell attorneys respond to that. And when you read SCO's lawyer lay out SCO's appeal strategy and hopes, I think you'll be appalled. Unless, like me, you now find it simultaneously appalling and amusing, sort of in the way you find it both amusing and appalling when your young child tells you a real whopper, trying to get something the child knows you are unlikely to agree to.

Full post as published by Groklaw on July 10, 2009 (boomark / email).