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| Authored by: Anonymous on Saturday, June 16 2012 @ 11:16 AM EDT |
Blank Rome haven't actually filed a bill with the Court since they filed their
November 2011 bill in December 2011 (and that was for a trivial amount).
Ocean Park (the financial advisors) filed a similarly trivial bill for December
back in February and haven't filed anything since.
It seems either the professional advisors aren't doing any work, or the aren't
bothering to bill for it since they know there is no money left.
Cahn still gets his fee, though. The February MOR shows $41k of professional
reorganisation fees accrued in February. Since nothing has been filed with the
court, I guess it's just Cahn's personal fee (which presumably doesn't need
court approval).[ Reply to This | Parent | # ]
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| Authored by: PJ on Saturday, June 16 2012 @ 11:46 AM EDT |
Boies Schiller can't just give up the ghost and
go home. Even if they are never paid again a
single dime.
And some of you claim that there is no God.
: )
Call it karma then, if you prefer. But they
are stuck like a butterfly pinned to the wall.
They contracted to keep going until the IBM case
is done, all the way to the Supreme Court.
Ah. Yes.[ Reply to This | Parent | # ]
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| Authored by: Anonymous on Sunday, June 17 2012 @ 12:13 PM EDT |
it left Darl free to make grand public proclamations without
having to stand in court and produce hard evidence to back up his
claims
In response to that, I quote both
Judges.
Wells:
Is this all you've got?
Kimball
(not an exact quote, but gets the point across):
This is so very
little evidence given the public claims.
As a result, Darl's public
claims didn't come without pain to SCOG. Great pain if you consider the impact
of both developers and customers leaving them.
On the second
point:
Maybe IBM will keep them tied up in discovery and motion
practice for a couple of years.
I doubt IBM will stall for time.
Additionally, as I recall, all discovery was closed with PSJ's filed "on the eve
of preparing for trial".
I imagine whichever Judge finally decides to
proceed is likely to allow a point of time to:
A: Get up to speed on the
case (I'd hope)
B: Which will allow both sides to re-review where
things are
C: Get submissions and a hearing to outline the impact of
the Novell case to the existing portions of the case that are allowed to
proceed
D: Consider any PSJ's that are ripe for ruling*
Then I
imagine they're all set to prepare any additional PSJ's and prepare for
trial.
*: It would be totally sweet if IBM's PSJ's on SCOG's lack of
evidence was sufficient to allow the Judge to rule on them even if SCOG doesn't
want to go to trial on those points. As I understand, not likely to occur. But
I can always dream :)
RAS[ Reply to This | Parent | # ]
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- Well... - Authored by: sproggit on Sunday, June 17 2012 @ 08:37 PM EDT
- Well... - Authored by: Anonymous on Tuesday, June 19 2012 @ 08:34 AM EDT
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