Bankruptcy a hop, skip and a jump away
Message ID: 267187 Posted By: drichards1953 Posted On: 2005-05-20 11:56:00 Subject: Bankruptcy a hop, skip and a jump away Recs: 42 I am truly convinced that Yarro and McBride thought that IBM would roll over and buy SCO, no matter to cost. IBM called their bluff, and rightly so. As Director of Research in a law firm, I cannot even think of any of our attorneys filing a coyright case where there is not a clear indication of ownership of the copyright. This is to say nothing of a clear list of the offending violations. While SCO runs out of cash, you have Darl and the other senior management drawing very large salaries. Very large for a company the "real" size of SCO. The bankruptcy court will install a trustee of protect the interests of the creditors and see if there are any assets left. The first thing the trustee will do is determine if the company is viable and can pay the current on-going bills. If not, it is shut down, at once. The trustee ...