News for hackers. Stuff that matters.

A comment on SCO files appeal brief against Novell in the case that refuses to die. Parent comment

Re:SCO files appeal brief against Novell in the case that re... by JoachimSchipper on Monday September 13, 2010 @11:06AM (#1686790)
They are already in bankruptcy, so merely running out of money isn't going to stop them.

As I understand, the lawyers working for SCO own a major chunk of SCO stock, and stand to gain a ton of money if they win. OTOH, they don't gain anything if the company is liquidated, which is why they are quite keen on continuing to sue, even if this uses money that could have gone to paying (other) creditors. No, this isn't particularly nice.

[ Parent | on HN ]
Re:SCO files appeal brief against Novell in the case that re... by hga on Monday September 13, 2010 @11:30AM (#1686859)
I don't know about the stock ownership theory, and by now they surely know they aren't going to win. The law firm's problem is that they signed a contract with SCO some time ago requiring them to do this sort of appeal out of pocket if SCO asks them to.
[ Parent | on HN ]