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.
The filings:
08/11/2010 - 1142 - Certification of Counsel Regarding Omnibus Hearing Dates Filed by Edward N. Cahn, Chapter 11 Trustee for The SCO Group, Inc., et al.. (Fatell, Bonnie) (Entered: 08/11/2010)
08/11/2010 - 1143 - Debtor-In-Possession Monthly Operating Report for Filing Period As of 6/30/10 (The SCO Group, Inc.; 07-11337) Filed by Edward N. Cahn, Chapter 11 Trustee for The SCO Group, Inc., et al.. (Attachments: # 1 Certificate of Service) (Fatell, Bonnie) (Entered: 08/11/2010)
08/11/2010 - 1144 - Debtor-In-Possession Monthly Operating Report for Filing Period As of 6/30/10 (SCO Operations, Inc.; 07-11338) Filed by Edward N. Cahn, Chapter 11 Trustee for The SCO Group, Inc., et al.. (Attachments: # 1 Certificate of Service) (Fatell, Bonnie) (Entered: 08/11/2010)
08/11/2010 - 1145 - Monthly Application for Compensation of (Ninth) Ocean Park Advisors, LLC for the period June 1, 2010 to June 30, 2010 Filed by Edward N. Cahn, Chapter 11 Trustee for The SCO Group, Inc., et al.. Objections due by 8/31/2010. (Attachments: # 1 Notice # 2 Exhibit A # 3 Exhibit B # 4 Certificate of Service) (Fatell, Bonnie) (Entered: 08/11/2010)
08/11/2010 - 1146 - Monthly Application for Compensation of (Tenth) Ocean Park Advisors, LLC for the period July 1, 2010 to July 31, 2010 Filed by Edward N. Cahn, Chapter 11 Trustee for The SCO Group, Inc., et al.. Objections due by 8/31/2010. (Attachments: # 1 Notice # 2 Exhibit A # 3 Exhibit B # 4 Certificate of Service) (Fatell, Bonnie) (Entered: 08/11/2010)
08/12/2010 - 1147 - Order Setting Omnibus Hearing Dates. All hearings will be held at US Bankruptcy Court, 824 Market St., 6th Fl., Courtroom #3, Wilmington, Delaware . Omnibus Hearings scheduled for 9/24/2010 at 09:30 AM., 10/20/2010 at 11:30 AM., 11/3/2010 at 09:30 AM., 12/1/2010 at 10:30 AM. Order Signed on 8/12/2010. (JNP) (Entered: 08/12/2010)
08/12/2010 - 1148 - Notice of Adjournment // Notice of Hearing Cancellation Filed by Edward N. Cahn, Chapter 11 Trustee for The SCO Group, Inc., et al.. Hearing scheduled for 8/16/2010 at 10:30 AM at US Bankruptcy Court, 824 Market St., 6th Fl., Courtroom #3, Wilmington, Delaware. (Fatell, Bonnie) (Entered: 08/12/2010)
