Before someone else says, "But Yarro and friends have a lien on the SCO v.
IBM lawsuit...", indeed that might be case. IIRC that is true, but Yarro et al
will still be looking at a steep uphill ordeal to realize anything out of that
lawsuit.
Assuming they can get the cause of action assigned to them by
the bankruptcy court in Ch. 7 dissolution, they will still have to pay expenses
to pursue the matter to trial. IBM won't just pay them off to make the lawsuit
go away, because it regards this as a matter of upholding its corporate
honor.
So Yarro and his merry band of opportunists might be faced with
having to shell out for more discovery and any expert witnesses, etc., in order
to take SCO v. IBM to trial. And it's likely that IBM can bury them in discovery
costs alone, making the potential return on investment for Yarro's group even
more unattractive than it already is. They put up a couple of million dollars
already as a loan to SCO secured by the lawsuit, but they'll have to be daft to
be willing to open their checkbooks again to pay expenses for further litigation
and an eventual trial and possible appeal.
They might in fact be that
stupid, but they could have to pay several million dollars more to prove it. So
I tend to doubt that they will. [ Reply to This | Parent | # ]
|