If you thought the new year changed anything in the SCO Universe, guess again. At least not in the public SCO Universe. Ocean Park, reliable as can be, wants the SCO bankruptcy court to give them... guess what? Mo' money, silly! This bill is for November, for a total of $14,201.00. What did they do for SCO in November? The largest item on Exhibit A [PDF], the breakdown of time spent, is preparing for and attending meetings and participating in conference calls: Prep/Participate in Meetings/Conf. Calls with Counsel and Ch. 11 Trustee - $3.500.00 Yawn. Can you think of anything less fun in the universe than to attend meetings with lawyers strategizing about SCO? What? Am I nuts? I'd *pay* to attend. For real.
I gather that entry means things like this entry on page 6: Prepared draft of update presentation for the Trustee. That's what he needs to keep up? A Powerpoint presentation? Is he a lucky guy or what? Wait. What's this? Preparation of NDA's for debtor loan participants, organize call, prepare for the call That's from page 7. What loan is this talking about? A new one? But here we are in January, and where is it? Stay tuned. That's my advice. Next in time spent? You won't believe this one:
Analysis, Preparation and Execution of Restructuring Plan - 3,054.00 Promises, promises. And where might we find said restructuring plan? I wonder what this means, on page 5: Updated draft of Sources and Uses for case resolution Case resolution? Which one? Which case? India, maybe?
Here it is, so you can guess too:
01/03/2011 - 1211 - Monthly Application for Compensation of Ocean Park Advisors, LLC (Fourteenth) for the period November 1, 2010 to November 30, 2010 Filed by Ocean Park Advisors, LLC. Objections due by 1/24/2011. (Attachments: # 1 Notice # 2 Exhibit A # 3 Exhibit B # 4 Certificate of Service) (Fatell, Bonnie) (Entered: 01/03/2011)
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