08.07.09
Novell Responds to SCO Ruling, More News Coverage
Summary: More news about SCO’s latest roadblock
For background, see this post.
Statement from Novell: SCO Group Ruling Update
Novell is pleased with the Court’s ruling and the determination to have a Chapter 11 Trustee administer the SCO estate. Novell believes that the administration of the SCO estate by an independent Trustee will be in the best interests of all creditors and the estate. We also believe this is continuing good news for the open source community.
More news coverage:
• SCO Group can’t liquidate assets; Trustee appointed
A bankruptcy judge has refused to liquidate the Lindon-based The SCO Group but also denied the company’s motion to sell off most of its software programs assets and continue its lawsuits against IBM and Novell.
Instead, U.S. Bankruptcy Judge Kevin Gross appointed a trustee to supervise the company to help decide what direction to take as SCO battles to stay alive and pursue its high-profile lawsuits.
• US court blocks sale of SCO assets
“The court’s decision to appoint a Chapter 11 trustee will enable an independent fiduciary to assess the litigation with the confidence of the court and without the doubts raised by debtors’ adversaries in the litigation.”
• SCO gets a bankruptcy trustee
So SCO, the snake in the world of operating systems software, has been scotched.
[...]
SCO, a psychopathic little company that began as the second-tier Linux vendor Caldera. veered to the dark side almost seven years ago, after buying an x86 Unix distribution business from the Santa Cruz Operation.
Caldera wasn’t a very successful Linux distribution and the company saw that its SCO Unix business was slowly declining, partly due to the increasing popularity of Linux.
Rather than embrace the challenge of developing fresh Linux-based technology for its established SCO Unix small- to medium-sized business market, Caldera took a fateful wrong turn by attempting a hostile takeover of Linux instead.
• Judge Ousts SCO Management From Chapter 11 Control
A judge has ousted the management of The SCO Group Inc. from control of the company’s bankruptcy, saying SCO has been “waiting for ‘the dough’” from a losing battle with Novell Inc. for too long.
• SCO’s return blocked by court
SCO planned to sell off the majority of its Unix business to a company called Unxis for $5.25 million, leaving only its mobile applications business.
