[Gllug] Goodbye SCO

[Chris Jones]

Hi

Jason Clifford wrote:
> Point taken however C11 is only protection if there is a way out of
> bankruptcy and if Novell is owed $20million and SCO has only $14million

Isn't the whole point of C11 that it provides protection from creditors
while a company re-organises itself so it can make the necessary money
to escape being forced into C7? (ie find a way out)

It's possible for the court to clear away some of the debts, or simply
hand all the assets to the creditors.

Cheers.
-- 
Chris Jones
  cmsj at tenshu.net
   www.tenshu.net
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