"Pay up." That's the message that Novell is sending to SCO via the legal
system in a recent legal filing.
The company isn't about to let SCO off the hook for the money it's owed by the embattled Unix vendor. SCO filed for bankruptcy protection from its creditors in mid September in an attempt to stay alive. The bankruptcy filing also served to delay SCO's
trial with its largest creditor Novell over Unix issues.
"We have filed with the bankruptcy court to have the stay lifted on the
ongoing District Court case in Utah," Bruce Lowry, director of global public relations for Novell, said. "That would allow the trial to proceed as was
originally scheduled. A key issue to be addressed in the trial is the
apportionment of the Microsoft and Sun license fees between Novell and
SCO."
BetaNews | SCO Warns SEC It Might Not Survive Novell Payoff::
it in the end, and may simply want to let it put that issue - trading Now SCOs problem is that stolen money is not included in your assets when you
http://www.betanews.com/article/SCO_Warns_SEC_It_Might_Not_Survive_Novell_Payoff/1190303481HOME |
SCO had been collecting what it calls SCOsource licensing revenues from
Microsoft, Sun and others for the rights to use Unix s and
intellectual property that SCO alleges it owns and had acquired from Novell.
An August ruling from the court that is overseeing the case issued a pretrial
summary ruling that, in effect, negated much of SCO's claims to the Unix
s. Novell and SCO have been locked in legal debate since 2003 over what SCO actually acquired from Novell in terms of Unix
s.
No jury for SCO vs. Novell::
SCO wanted a jury to hear its side of the story in its Novell lawsuit, but U.S. Making money from games has become more complicated. Why? Find out in this
http://www.linux-watch.com/news/NS4342824335.htmlHOME |
Groklaw - Novells Objection to SCOs Motion to Reimburse York, as text::
When you want to know more. but dont know where to look. Home. Groklaw the SCO v. Novell trial, which might very well result in SCO having no money to
http://www.groklaw.net/articlebasic.php?story=20080420130343428HOME |
According to Novell's legal filing to stay SCO's bankruptcy, Novell doesn't
want SCO to use Novell's money to stay afloat.
"SCO's post-petition business model cannot continue to be based on Novell's
property," Novell's filing states. "If the automatic stay is lifted to allow
for the remaining issues in the District Court action to be timely resolved,
SCO can turn its focus to formulating a confirmable plan of reorganization, because it will know what resources it has, the size of Novell's claim
(almost surely the largest against SCO) and what SCO can and cannot do as a
business going forward."
Groklaw - Part 2 of the May 11th Hearing in SCO v. Novell - Novells ::
He goes on to address that question, what did SCO get for its money? The SCO-Novell Asset Purchase Agreement is here, if you want to follow along by
http://www.groklaw.net/articlebasic.php?story=2004062720335613HOME |
Though the exact size of SCO's payout to Novell is up to the courts to
decide, SCO in an SEC filing pegged it at $30 million. In addition to fighting off Novell and other creditors, SCO is also in a fight to stave off NASDAQ delisting, which was brought on in part by its bankruptcy filing.
 IBM Express-C For Free
 SCO Responds to Novell FUD
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