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Minutes from the Bankruptcy Hearing, an Order on 1st Omnibus Objections, and Other Filings - Updated

By Pamela Jones et al.

The SCO bankruptcy plods right along. I predicted that the SCO bankruptcy hearing on SCO's First Omnibus Objections to Claims would be short, sweet, and simple, and the minutes of the hearing [PDF] indicate that is exactly how it went. We'll know more when the transcript is made public, but the only interesting detail I see in the rubber stamp session is that IBM sent a lawyer [PDF] to observe, presumably. What it means is that those who did not bother to respond to the objections just had their claims disallowed and expunged [PDF].

Also, Tanner got anointed for its new assignment as accountants to SCO. Is Tanner not the luckiest accountants in the world, or what? And the stay has been lifted [PDF] so that the IPO plaintiffs can go forward with that litigation against SCO, subject to the terms agreed upon, that any damages award against SCO will come exclusively from the insurance company and not the bankruptcy estate.

Full post as published by Groklaw on November 24, 2008 (boomark / email).