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Depends on what you mean by "within one year of not being able to reorganize".

If you mean "one year after filing Chapter 11", I don't think so. According to the MOR for September 2008 (one year after filing), SCO Operations had total assets of $10,286,378 (down over $5M since filing) and total liabilities of $12,328,166 (up over $5M since filing). So the spread of liabilities versus assets since filing Chapter 11 grew by over $10 million. While they might have been able to liquidate and pay their debts at the time they filed Chapter 11, I don't see any way they could have done so after one year of operating under Chapter 11 protection. Not unless the Court let them slough off a large percentage of their existing debt (which, of course, happens frequently under Chapter 11).

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