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So the Zombie Returns | 428 comments | Create New Account
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So the Zombie Returns
Authored by: Steve Martin on Sunday, June 16 2013 @ 07:17 AM EDT

The lawyers. B&S agreed to take a lump sum payment to cover the case through to appeals.

Not quite. The Revised Letter of Engagement provides that Boies Schiller only agreed to eat the lawyer bills. The expenses (court costs, expert fees, etc) are not covered, and must be paid by TSG:

The Engagement Agreement specifically provides that, except for the compensation obligations specifically described in the Engagement Agreement and summarized above, SCO will not be obligated to pay any legal fees, whether hourly, contingent or otherwise, to the Law Firms, or any other law firms that may be engaged by the Law Firms, in connection with the SCO Litigation through the end of the current litigation between SCO and IBM, including any appeals. However, SCO will remain obligated to pay any expert, consulting and other expenses (including out-of-pocket expenses of all law firms working on the SCO Litigation) related to the SCO Litigation.

(emphasis added by me)

So either someone is paying the bills, or else the bankruptcy estate is racking up one heck of a bill that likely will never be paid.

---
"When I say something, I put my name next to it." -- Isaac Jaffe, "Sports Night"

[ Reply to This | Parent | # ]

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