SCO vs. Linux: SCO gets Chapter 11 trustee

Posted by Scott_Ruecker on Aug 6, 2009 9:51 AM EDT
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A Chapter 11 trustee has been commissioned to take over the business affairs of the SCO Group, which is threatened by bankruptcy. The trustee will work to guide the company out of the impending bankruptcy according to Chapter 11 of US bankruptcy code, but can also send the company into liquidation according to Chapter 7 and auction individual company assets to the highest bidder. With this order, the Bankruptcy Court in Delaware has removed SCO's executive board.

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I wish it would just be killed off already caitlyn 3 886 Aug 6, 2009 7:24 PM

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