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SCO's MORs for June and Bills from OPA for June and July - Mon. hearing cancelled

By Pamela Jones et al.

SCO Group's Chapter 11 Trustee, Edward Cahn, has now filed the monthly operating reports for June, as well as bills for Ocean Park Advisors for June and July. And take note: there's no hearing in bankruptcy court on Monday. Once again, it's called off.

So, Ocean Park wants more money for advising SCO about its way forward and its obligations. I will provide my own analysis for free: SCO has fallen and it can't get up. It can never pay off all the folks it owes, even if it suddenly tried. The litigation history is rather clear, is it not, that SCO's stories in court rooms don't actually get believed? There's a reason for that, one SCO's current leadership might want to look into. As a result, SCO is now a serial loser.

Extrapolate. The way forward seems clear enough to me. There is no way forward.

There. I suggest my analysis is worth at least 5 cents. I'll assume my check is in the mail.

Full post as published by Groklaw on August 12, 2010 (boomark / email).