A Chapter 11 trustee has been commissioned to take over the business affairs of the SCO Group, which is threatened by bankruptcy. The trustee will work to guide the company out of the impending bankruptcy according to Chapter 11 of US bankruptcy code, but can also send the company into liquidation according to Chapter 7 and auction individual company assets to the highest bidder.

Well, well...IBM and Novell have each filed motions in the SCO bankruptcy to convert the SCO Chapter 11 cases to Chapter 7. That makes three such motions. Here's the US Trustee's motion, if you are new. We're working on text versions.

I thought it would be fun to carefully respond to each inaccurate or misleading statement we see in SCO's Response [PDF] to the motions to convert or dismiss The US Trustee's Office, Novell and SUSE, and IBM all filed such motions in the SCO Chapter 11 bankruptcy, and there will be a hearing on the motions on June 15th. I hope some of you plan to attend.

Here he is: 08/25/2009 - 898 - Appointment of Chapter 11 Trustee (Notice of Appointment of Edward N. Cahn, Esquire) Filed by United States Trustee. (McMahon Jr., Joseph) (Entered: 08/25/2009)

Edward Cahn, SCO's appointed Chapter 11 Trustee, now making decisions for SCO, has filed an opposition to SUSE's request to lift the bankruptcy stay so the arbitration can go forward.

SCO, "by and through the Chapter 11 Trustee in Bankruptcy, Edward N. Cahn", has filed its opposition to Novell's Motion to Set Aside Judgment. This is the motion that will be argued on February 4. SCO argues that if Novell wanted to argue this, they should have appealed it, and that's a strong argument...

I thought it would be fun to include some of the media reaction to the news of the SCO bankruptcy filing. Some of the headlines are inspired. The winner has to be "SCO files Chapter 11 bankruptcy - Seeks court protection from its own lawsuits". My personal favorite is, "SCO files for Chapter 11, threatens business as usual." There is also a funny graphic in the collection.

IBM has filed a Reply to SCO's Response to Motions to Convert the Debtors' Chapter 11 Cases [PDF], just as Novell did earlier today. Here's the SCO Response IBM here replies to, and here's the original IBM Motion SCO is opposing. IBM's Introduction section will give you the flavor in the very first sentence...

Lots of bankruptcy filings, including a reply by SUSE in support of its motion for relief from the automatic stay and Chapter 11 Trustee Edward Cahn has filed an Objection to Al Petrofsky's motion to compel him to comply with reporting requirements. And Ocean Park Advisors has filed an Amended Exhibit A. But that isn't the big news.