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06-30-2009
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Berger Singerman's Bill for May Shows One Buyer for SCO - Updated
This is very odd. Remember at the last bankruptcy hearing on June 15 SCO represented that there were several different possible purchasers SCO was considering? Both SCO CEO Darl McBride and Frank Caplan, a lawyer for Berger Singerman, testified about that. Caplan mentioned at least four deals. But Berger Singerman has just filed its Interim Application for Compensation [PDF], plus the usual attachments for the month of May, and all I can find is reference to one real deal in the making. McBride did say that the York discussions were in February through April, but where are the rest? And we get a real insight into the legal preparations for the hearing. I find it fascinating, and I'll try to explain to you why.
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