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SCO Could Face Cash Crunch After Novell Trial

Aug 23, 2007, 18:00 (3 Talkback[s])


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"Unix distributor SCO Group could be facing a serious cash and asset shortage if it does not receive a favorable decision on one of the few significant issues left to be decided in its 3-1/2-year-old legal battle with Novell over the Unix operating system...

"The amount that SCO owes to Novell is now the primary focus of the case as it moves toward a trial that's slated to start on Sept. 17. SCO's problem: It's potentially on the hook for a sum that exceeds its total cash and assets. A judge or jury, depending on how the case is heard, will decide the final amount--barring a settlement..."

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