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

[Jeff Lightner]

Again it doesn't matter HOW the debt became a debt.  

If it were truly deemed "theft" by the court then there is a criminal case that would still need to be tried.  I doubt seriously the judge qualified it as "theft" - this was after all a civil suit.  

-----Original Message-----
From: ale-bounces at ale.org [mailto:ale-bounces at ale.org] On Behalf Of Sean Kilpatrick
Sent: Tuesday, September 18, 2007 10:04 AM
To: Atlanta Linux Enthusiasts
Subject: Re: [ale] It might be too late to sell your SCOX stock

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
----------------------------------

CONFIDENTIALITY NOTICE: This e-mail may contain privileged or confidential information and is for the sole use of the intended recipient(s). If you are not the intended recipient, any disclosure, copying, distribution, or use of the contents of this information is prohibited and may be unlawful. If you have received this electronic transmission in error, please reply immediately to the sender that you have received the message in error, and delete it. Thank you.

----------------------------------