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The SCO bankruptcy plods right along. I predicted that the SCO bankruptcy hearing on SCO's First Omnibus Objections to Claims would be short, sweet, and simple, and the minutes of the hearing [PDF] indicate that is exactly how it went. We'll know more when the transcript is made public, but the
So, the hearing minutes from today's bankruptcy hearing are posted, and it appears (comparing it with the Notice of Agenda) that SCO got an extension to the end of the year to exclusively file a reorganization plan, and it also got the stock options declared "in the normal course" and the quarterly bills were approved.
I can't believe there's yet more major news, all in one day. But there is, from the bankruptcy front. SCO's period of exclusivity is over, as you can see from the minutes of today's hearing [PDF].
I don't have details yet, but here's the first report from today's bankruptcy court hearing on SCO's motion to extend its exclusive right to file a reorganization plan, which Novell had filed objections to:
Tomorrow's bankruptcy hearing has been cancelled. This is the one that was about signing off on some fees billed to SCO, the one I told you probably was worth skipping. I gather the court agreed. Why pay lawyers to show up for a hearing on something that isn't opposed by anyone?
Here's our first taste of what is happening in the SCO bankruptcy hearing. Mr. Spector is dancing up a storm. IBM and Novell are just trying to kill SCO off, he says. This is a great deal and the sale should go forward. Everyone will get paid.
Bankruptcy court gets more and more weird. Today's scheduled hearing in SCO's bankruptcy was cancelled at the last minute. No one told the U.S. Trustee's Office, I gather, since our reporter showed up and so did that office's representative. Meanwhile, the order approving the sale of the patent was approved and signed by the judge. They should just skip hearings.
I view the bankruptcy hearings at this point as comic relief, since nothing goes the way any of us here think they should. Bankruptcy court seems like cartoon court to me. So, when I heard that the December 2009 hearing transcript [PDF] was available, I said, Oh, goody! It doesn't disappoint.
I've been listening to the audio of the November 20, 2009 hearing in the SCO bankruptcy, and I'd like to share with you more details and clarifications about what happened, as I said I would.