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Bankruptcy

SCO vs. Novell: The Bankruptcy Wars

11/09/2007  
Relevance: 8.81
Can SCO escape Novell's wrath? Will SCO CEO Darl McBride emerge rejuvenated and ready to continue the Linux legal wars by selling SCO's Unix business? These and many more questions will be answered in the next episode of"As SCO Turns." In our last chapter, SCO appeared in front of a bankruptcy court on Nov. 6, 2007, in Delaware. When the news that SCO was applying for Chapter 11 bankruptcy first appeared, most assumed that was the end of SCO and its seemingly endless lawsuits against IBM, Novell and other Linux-related companies.
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SCO Receives Nasdaq Notice Letter, Gives Tibbitts Raise and Bonus Day Before Filing for Bankruptcy

09/20/2007  
Relevance: 8.33
Here's the press release. They still call themselves"a leading provider of UNIX® software technology and mobile services". That isn't what they just told the bankruptcy court, but who's counting? So they say they got a delisting letter saying they'll be delisted as of September 27.
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Novell to SCO: Pay up

10/08/2007  
Relevance: 8.00
Novell fired its first legal salvo against the bankrupt SCO Group when it sought to lift the Lindon company's bankruptcy protections so it can recover millions of dollars in licensing fees it claims SCO wrongfully"hijacked." The Waltham, Mass., software developer is seeking to lift a bankruptcy stay on litigation against SCO so a federal court trial in Utah can proceed to determine the amount of licensing fees Novell is entitled to, and for a constructive trust to be put in place to protect those funds. SCO CEO Darl McBride said in bankruptcy court papers that Novell has claimed the licensing fees could amount to more than $37 million plus interest.
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It's Time for SCO to Face the Novell Music

11/28/2007  
Relevance: 7.86
When SCO filed for Chapter 11 bankruptcy, it was widely seen as a move to avoid the final steps in its case with Novell. On Nov. 27, however, the bankruptcy court lifted its stay on the Novell trial, and so the SCO/Novell court case is once again free to proceed.
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SCO Blames Linux For Bankruptcy Filing

09/18/2007  
Relevance: 7.77
SCO Group CEO Darl McBride says competition from the open source Linux operating system was a major reason why the company was forced to file for Chapter 11 bankruptcy protection on Friday. In a court filing in support of SCO's bankruptcy petition, McBride noted that SCO's sales of Unix-based products"have been declining over the past several years." The slump, McBride said,"has been primarily attributable to significant competition from alternative operating systems, including Linux." McBride listedIBM ( IBM), Red Hat, Microsoft (MSFT), and Sun Microsystems (SUNW) as distributors of Linux or other software that is"aggressively taking market share away from Unix."
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SCO acquisition wrap-up

02/20/2008  
Relevance: 6.94
The SCO Group was offered a sweetheart of a deal on Valentine's Day last week when Stephen Norris& Co. Capital Partners (SNCP) gave the embattled Unix vendor $100 million to bail itself out of bankruptcy. The company's CEO, Darl McBride, isn't feeling the love, however. When the deal closes, he'll"resign immediately." Already angered by McBride's claims that Linux contains code that belongs to SCO, many in the Linux community were overjoyed when the company filed for Chapter 11 bankruptcy protection in September. Now, a company once thought to be at the end of the line seems poised to walk another mile.
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Is SCO Nearing Bankruptcy?

01/13/2007  
Relevance: 5.76
News Analysis: Novell claims that SCO is in deep financial trouble, but is the Unix company really that badly off? (Linux-Watch)
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SCO goes belly-up

09/15/2007  
Relevance: 5.49
Years after it was first predicted, The SCO Group, a Unix and mobile software distributor better known for its Linux litigation, has filed a voluntary petition for reorganization under Chapter 11 of the United States Bankruptcy Code.
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Open News Podcast Episode 27 Released

09/18/2007  
Relevance: 5.26
This week on Open News SCO Files For Bankruptcy, Sun Sells ... Windows?, and The Magic SysRq Keys.
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Experts: SCO is going down for the count

09/19/2007  
Relevance: 5.24
Predicting SCO's demise is a popular hobby in open-source circles. Now, however, with SCO recent filing for Chapter 11 bankruptcy, the experts believe that SCO's end is near.
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