SCO bankrupt on eve of trial
On the eve of trial SCO have filed for chapter 11 bankruptcy. The outcome of the slander of title suit against Novell had been reduced to deciding how much SCO owed Novell as a result of selling UNIX licenses to Sun and Microsoft. According to their agreement Novell would receive the license revenue and give SCO a administration fee of 5%. SCO returned none of the money received from Sun and Microsoft to Novell. According to SCO they have filed for bankruptcy in order to protect their assets.





