The UNIX and Linux Forums  


Go Back   The UNIX and Linux Forums > Special Forums > News, Links, Events and Announcements > UNIX and Linux RSS News
.
google unix.com



UNIX and Linux RSS News The latest news covering Solaris, RedHat, Ubuntu, Debian, Slackware, HP-UX, AIX, BSD, Apple OS X and more!

More UNIX and Linux Forum Topics You Might Find Helpful
Thread Thread Starter Forum Replies Last Post
SCO's Chapter 11 Trustee Appointed and Approved iBot UNIX and Linux RSS News 0 08-26-2009 06:00 AM
SCO's 8K About the Chapter 11 Trustee and A Change of Control Agreement iBot UNIX and Linux RSS News 0 08-08-2009 02:30 PM
The Order - A Chapter 11 Trustee is to be Appointed; SCO's Sale Motion Denied - Updat iBot UNIX and Linux RSS News 0 08-06-2009 01:15 AM
SCO Moves to Amend AutoZone Complaint and IBM Protective Order iBot UNIX and Linux RSS News 0 07-03-2009 02:45 AM
U.S. Trustee Moves to Convert SCO Bankruptcy to Chapter 7 iBot UNIX and Linux RSS News 0 05-05-2009 11:00 PM

 
English Japanese Spanish French German Portuguese Italian Dutch Swedish Russian Norwegian Hungarian Hebrew Danish Bulgarian Greek Powered by Powered by Google
 
LinkBack Thread Tools Search this Thread Rate Thread Display Modes
Prev Previous Post   Next Post Next
  #1 (permalink)  
Old 10-23-2009
iBot's Avatar
iBot iBot is offline
Forum Robot Girl
  
 

Join Date: Sep 2000
Posts: 22,238
SCO's Chapter 11 Trustee Moves to Settle AutoZone

Edward Cahn, the Chapter 11 Trustee now running SCO Group, wants to settle and be done with SCO v. AutoZone. He sees no value in further litigation. So he has filed a motion asking the court to approve the settlement he has worked out with AutoZone.
Can you believe it took this long? It's been in the Top Ten Stupidest Cases of All Time Hall of Fame since 2004. Evidently Mr. Cahn does not share Darl's gambling ways, nor his zeal to punish SCO customers who switched from Unix to Linux. SCO put AutoZone through an experience it never deserved, but it looks like all the horses are heading home to the barn. At last.
The motive mentioned is the desire to save the costs of further litigation. That's how much the Chapter 11 Trustee thinks of SCO's chances, I'd opine. On page 5 of the motion, it says that further litigation "would likely yield minimal additional benefit to creditors".
So now we know why Darl is so hopping mad and trying to put together a posse of revolting shareholders. Their dreams of second homes from the litigation lottery are turning into mere mirages in the desert. That's not Mr. Cahn's fault. It's called Reality. The end of this saga was obvious from day one.

More...
 

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On




All times are GMT -4. The time now is 04:42 PM.


Powered by: vBulletin, Copyright ©2000 - 2006, Jelsoft Enterprises Limited. Language Translations Powered by .
vBCredits v1.4 Copyright ©2007 - 2008, PixelFX Studios
The UNIX and Linux Forums Content Copyright ©1993-2009. All Rights Reserved.Ad Management by RedTyger

Content Relevant URLs by vBSEO 3.2.0