TThe other day we saw some blogs writing about what used to be Novell. Novell's board got sued for selling irrationally, based on press reports about it. To quote a report from The Inquirer (UK):
Attachmate's purchase of Novell included a clause that resulted in CPTN Holdings buying hundreds of patents for $450m. CPTN Holdings is a secretive consortium led by Microsoft, the firm that many Linux watchers believe was behind SCO's ill-fated war on Linux.
Delaware Court of Chancery Judge John Noble dismissed a request by Novell's board for an early dismissal of the lawsuit, meaning that the case can now proceed to trial. Novell's board can now present evidence to defend itself against the claims, although there is still time for the parties to settle.
Novell Inc directors who approved the information technology company's 2010 sale for $2.2 billion must defend a lawsuit that alleges they unfairly favored Attachmate Corp over other bidders.