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Keyword: scobankruptcy

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  • SCO 8K Acknowledges its New Reality ( New management in Bankruptcy )

    08/30/2009 9:27:49 AM PDT · by Ernest_at_the_Beach · 9 replies · 790+ views
    Groklaw ^ | Friday, August 28 2009 @ 01:45 PM EDT | Dobre utka, The Blue Sky Ranger
    SCO's true situation is here, in the latest 8K: Item 1.03 Bankruptcy or Receivership. On September 14, 2007, The SCO Group, Inc. and its wholly owned subsidiary, SCO Operations, Inc. (collectively, the “Debtors”), filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code in the Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”). The Debtors’ Chapter 11 cases are being jointly administered under Case No. 07-11337(KG). On July 27, 2009, the Bankruptcy Court held a hearing and took evidence on cross-motions consisting of (a) the Debtor’s Motion for the Sale of Property Outside the...