SCO, the operating system company that has been trying to make a living doing nothing but litigation, is back in the news! When we last heard from the beleaguered company they were facing Chapter 11, which as we all know is a reorganization process. Now the U.S. Trustee’s office says that it thinks SCO’s bankruptcy should switch to Chapter 7, liquidation .
Additionally, not only is there no reasonable chance of “rehabilitation” in these cases, the Debtors have tried — and failed — to liquidate their business in chapter 11.
Thanks Groklaw , for keeping this story alive! It’s as much fun today as it was six years ago when SCO first brought their billion dollar lawsuit against IBM.
