SCO Proposes Selling its Mobility “Business”… to Darl McBride

“SCO’s Chapter 11 Trustee Edward Cahn not only proposes to let
Ralph Yarro “loan” some money to the company at what Novell calls
egregiously inequitable terms — inequitable to everyone but Ralph
Yarro and the gang, that is — but now he proposes to sell SCO’s
“mobility business”, which not long ago SCO said was worth
millions, if I recall correctly, to another SCO insider, Darl
McBride, for $35,000.

“Here’s the only reasonable explanation. Judge Cahn’s evil twin
has kidnapped his brother, thrown him in the dungeon of the castle,
welded an iron mask on him, and the Pretender is now signing all
these proposals and filing them with the court. Kidding….

“. . . Well….Sorta kidding.

“Are they seriously proposing these deals? I mean, really?
Really? It feels like a stickup. Wait. Maybe this isn’t about
money. Here, in my eyes, is what may be the operative sentence from
the operative paragraph of the proposed APA:

“6.1. Transition and Cooperation.From and after the Closing
Date, (a) Seller shall not take any action, alone or together with
others, which obstructs or impairs the smooth transition by Buyer
of the Acquired Assets; and (b) Seller shall promptly provide
access to Buyer to all correspondence, papers, documents and other
items and materials received by Seller found to be in its
possession which pertain to the Acquired Assets.

“Hopefully, someone will sit with him at the table while he goes
through those documents. We wouldn’t want any of them to go missing
by accident.”

Complete
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