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Piercing the Corporate veil | 206 comments | Create New Account
Comments belong to whoever posts them. Please notify us of inappropriate comments.
does anyone have a reason to believe sco-guys acted in good faith?
Authored by: Anonymous on Thursday, May 09 2013 @ 08:21 AM EDT
And when those sco-guys are not truly very publicly apologetically very sorry
for what they did, ( I guess not) then I believe IBM should act.
Or would that harm IBM's name ? I don't think so.

[ Reply to This | Parent | # ]

Piercing the Corporate veil
Authored by: Anonymous on Thursday, May 09 2013 @ 10:04 AM EDT

If the situation as it occurred up to the point of McBride's outing didn't show up for evaluation on some authorities desk, I seriously doubt it will now.

As for IBM piercing the corporate veil to go after individuals money - if that doesn't occur by the time bankruptcy is closed, I doubt it will ever occur.

And SCOg being converted to Chapter 7 leads me to think closure is just around the corner without IBM having the chance to pierce the veil.

Then you combine the trustees participation in the ongoings - such as his 50/50 view of winning the Novell lawsuit - and piercing the Corporate veil may very well impact Mr. Kahn as well.... something I wouldn't be surprised if the bankruptcy court disallowed.

At this point, I hold no hopes proper Justice will be realized. As a result, McBride likely feels reasonably safe to do the same thing to another company because "he got away with it this time".

RAS

[ Reply to This | Parent | # ]

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