Cahn Seeks Court Approval of New Retention Agreement Terms for Boies Schiller

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11-01-2009

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Cahn Seeks Court Approval of New Retention Agreement Terms for Boies Schiller

SCO's Chapter 11 Trustee Edward Cahn seeks to retain Boies Schiller for the SCO litigation, but at what he seems to think is a reduced rate. He says it's the new retention agreement, one the firm and SCO agreed to in August, prior to his watch, but now he is asking the court to approve it.
We learned that Boies Schiller had offered to drop approximately $515,000 of pre-petition "fees" at the July 27th hearing about whether to convert to Chapter 7, during Darl McBride's testimony. According to McBride, it meant a greater *upside* for Boies Schiller if they won. According to Cahn, it's the opposite. Which is true?

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fra

FRA(1)							      General Commands Manual							    FRA(1)

NAME

       FRA - Example of using QuantLib

SYNOPSIS

       FRA

DESCRIPTION

       FRA is an example of using the QuantLib interest-rate model framework.

       FRA values a forward-rate agreement (FRA) at different forward dates under two yield curve assumptions. It thereby illustrates how set up a
       term structure, and to use it to price a simple forward-rate agreement.

SEE ALSO

       The source code FRA.cpp, BermudanSwaption(1), Bonds(1), CallableBonds(1), CDS(1), ConvertibleBonds(1), DiscreteHedging(1), EquityOption(1),
       FittedBondCurve(1),   MarketModels(1),	Replication(1),   Repo(1),   SwapValuation(1),	 the   QuantLib   documentation   and  website	at
       http://quantlib.org.

AUTHORS

       The QuantLib Group (see Authors.txt).

       This manual page was added by Dirk Eddelbuettel <edd@debian.org>, the Debian GNU/Linux maintainer for QuantLib.

QuantLib							    07 Jul 2006 							    FRA(1)

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