[ale] It might be too late to sell your SCOX stock

[Sean Kilpatrick]

On Tuesday 18 September 2007 08:35, Jeff Lightner wrote:
| 
| You missed the point of my mail. ?Even if a judge orders a payment as
| result of the litigation it is likely a bankruptcy court judge would
| either hold such an order in abeyance or vacate it completely in order
| to allow the reorganization to occur. ?

There is another issue at work here: conversion -- i.e. theft.
The judge in Utah has ruled that SCO illegally held onto money that 
should have been sent directly to Novell.  It never _was_ an asset of
SCO's so it can't be part of any deal reached by the bankruptcy court.
The only issue left for trial in Utah is the _amount_ due Novell.
IANAL, but Novell seems to have a solid claim to more than $20 million
in cash from SCO.  Without that money, there is not enough left of the
corporation to argue over.

Sean

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