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The information on Groklaw is not intended to constitute legal advice. While Mark is a lawyer and he has asked other lawyers and law students to contribute articles, all of these articles are offered to help educate, not to provide specific legal advice. They are not your lawyers.

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Yes, they can | 273 comments | Create New Account

Comments belong to whoever posts them. Please notify us of inappropriate comments.

Yes, they can

Authored by: Anonymous on Saturday, June 16 2012 @ 02:55 PM EDT

Yes, they can go home if TSG involuntarily or voluntarily
dissolves as a corporation.

Voluntarily might be tough if there are pending court
issues. But involuntary? Just don't file with the
Delaware department of Corporations for a couple years and
TSG evaporates.

[ Reply to This | Parent | # ]

Couldn't they simply buy SCO out?

Authored by: Tolerance on Sunday, June 17 2012 @ 06:39 AM EDT

I thought I read a post recently declaring that SCO shares were worth
essentially zip. Couldn't BSF simply raid the petty cash and buy out the
existing shareholders to terminate the specific performance requirement?

It was my impression that BSF has the case still open so they can piously
pronounce that legal action is still underway. That way, they never have to
admit to clients or media that they lost. Reputation among gangsters is
everything. This appears an analogous situation.

---
Grumpy old man

[ Reply to This | Parent | # ]

Couldn't they simply buy SCO out? - Authored by: Anonymous on Sunday, June 17 2012 @ 10:01 AM EDT
- Couldn't they simply buy SCO out? - Authored by: Anonymous on Tuesday, June 19 2012 @ 05:50 AM EDT

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