SCO has ceased to be. It has expired and gone to its meet its maker. It’s joined the choir invisible. This is an ex-company. With apologies to Monty Python’s Dead Parrot sketch, SCO, the company behind a series of foolish anti-Linux lawsuits, is finally really and truly dead.
SCO, which has been in Chapter 11 bankruptcy since the fall of 2007, has now gone into Chapter 7 bankruptcy. The difference is that in chapter 11 there is some plan, albeit not very rational in SCO’s case, that the company can eventually return to normal business. In Chapter 7, all that’s left is to close and padlock the doors and then sell the furniture.
As Pamela “PJ” Jones, founding editor of Groklaw, a leading intectuall property legal news site, said, “Did you ever think you’d see this day? I confess I did not. I thought SCO, now calling itself TSG, or so they told the world, would never let a outsider trustee come into the picture, which they will have to in Chapter 7.”
In SCO’s case, with 3.7-million in debt and not quite $150-thousand left in cash, there’s really is much left for a trustee to do except to switch out the locks and put up the closed sign