First Word From the Bankruptcy Court Hearing

"We have the first report from the bankruptcy court, where SCO's initial hearing took place at 8:30 AM, from Groklaw member bezz:

"Just back from the hearing and--short story--SCO got pretty much everything they wanted. Novell asked for a trust, but the judge denied it saying if he granted on the basis of what they presented, it would be preferential treatment. The judge invited Novell to file a motion to lift the stay in the Kimball trial and he would consider it at that time. Novell assured him they would file the lift stay motion and they will be back in Wilmington.

Complete Story

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