Friday, September 14, 2007
9/14 SNR II: SCO files for bankruptcy! Finally!
Woohoo! SCO just filed for Chapter 11, finally, which is what the earlier halt to trading was all about. It's the moment (ok, one of the moments) we've been awaiting for years now. Soon we'll all have to sit down and figure out how this changes the legal landscape, but right now I'm happy to just sit back and watch the news stories roll in...
- The press release is here.
- GL has the wonderfully gory details here. As PJ notes, SCO owes over half a mil to Amici LLC. Amici's the shady document management firm owned by Boies's kids. I've discussed Amici on a few past occasions, and I've always wondered if they had their tentacles wrapped around SCO as well. And now we know for sure. It's all so.... beautiful. It's like Christmas in mid-September.
- Stephen Shankland has a good piece about the filing on his CNet blog. He notes that the Novell case is stayed by the Chapter 11 filing, so the trial won't start on Monday after all. So SCO's found a way to delay the case again after all -- but at what cost?
- ComputerWorld's got a good article up too, with enjoyably scathing comments from a couple of analysts.
- Slashdot's got the news here, wherein we learn that in Soviet Russia, Chapter 11 files you.
- Paul McDougall has an unusually subdued take on the news here. He ends by referring to his recent Darl interview, where Darl said SCO could easily raise whatever money it needed for an appeal. As if a Darl quote trumps a Chapter 11 filing.
- That Parloff guy has a just-the-facts post about the filing here. Perhaps he's wondering now if he really picked the best time to start shilling for SCO. He does express a hope that SCO will get the Novell stay lifted, so they can get moving on that appeal they promised us. Which proves beyond any doubt that Parloff hasn't been watching close enough, and isn't familiar with SCO's MO. If they were so eager to have the trial go forward, they could've waited just one more week before filing Chapter 11, and they didn't. That should tell you something.
- A news brief about the filing at the Salt Lake Tribune.
- A post at ZDNet, giving an overview of the story so far.
- Coverage at TheStreet.com.
- A discussion thread at the Provo Daily Herald.