Art Clemons on 30 Aug 2009 12:45:39 -0700

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Re: [PLUG] SCO Group is back in the news

> Yeah, it basically said that SCO's suit was not frivolous enough to dismiss it 
> without a trial.  And the fact that the Novell royalties were upheld means 
> that SCO will be forced into liquidation (vs. reorganization).

Actually what is worse for SCO is that Novell's claim on royalties seems
to put it into the position of a secured creditor.  Novell has a good
argument that SCO has dissipated assets that Novell has/had  a valid
claim on.

Either way, it would appear that Novell also has a valid argument about
contract breach at trial, something the 10th Circuit doesn't seem to
consider.  So no summary but SCO is about to die as a corporate entity
no matter the findings at trial, assuming it gets to trial.
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