Webmaster rambling and mental notes
SCO Group Files For Chapter 7
8/8/2012

New submitter rkhalloran writes "The remnants of the failed case engine that was the SCO Group has finally filed for liquidation under Chapter 7 of the bust code. 'There is no legitimate chance of "rehabilitation."' Groklaw describes the recent filing (PDF) thus: 'I will try my best to translate the legalese for you: the money is almost all gone, so it's not fun any more. SCO can't afford Chapter 11. We want to shut the costs down, because we'll never get paid. But it'd look stupid to admit the whole thing was farcical and SCO never had a chance to reorganize through its fantasy conflicting hustle. Besides, Ralph Yarro and the other shareholders might sue. So they want the dispute to restart to swing in the breeze, just in case. But SCO has no money coming in and no other prospects, so they want to proceed in a cheaper way and shut this down in respects to aggregate else.' I guess that means the lawyers will suck the marrow from the carcass and leave the bones to bleach out in the sun."

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