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SCO's new reorganization plan

SCO's new reorganization plan

Posted Feb 14, 2008 20:52 UTC (Thu) by and (guest, #2883)
Parent article: SCO's new reorganization plan

> We may be stuck with this story for a little longer than we had thought.

To me this sounds rather like good news for Novell: They might actually 
get the $25 millions they're almost certainly entitled to...


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"up to"

Posted Feb 14, 2008 21:52 UTC (Thu) by dmarti (subscriber, #11625) [Link]

They're putting in up to $100 million. I spent up to $100 million on a sandwich for lunch today.

"up to"

Posted Feb 14, 2008 23:43 UTC (Thu) by brouhaha (subscriber, #1698) [Link]

I'll bet you can get a pretty tasty sandwich for up to $100 million.

SCO's new reorganization plan

Posted Feb 15, 2008 5:47 UTC (Fri) by gdt (subscriber, #6284) [Link]

It's not cash but a loan facility (ie, a promise to give a loan in the future). It's not an asset which can be transferred. Why would Novell want a $100m loan with a 26%pa interest rate in any case?

SCO's new reorganization plan

Posted Feb 15, 2008 10:35 UTC (Fri) by jamesh (subscriber, #1159) [Link]

If SCO used a loan to pay off a damages award to Novell, the interest on the loan would still
be SCO's problem, wouldn't it?

SCO's new reorganization plan

Posted Feb 15, 2008 15:07 UTC (Fri) by ikm (subscriber, #493) [Link]

I thought it was an investment, not a loan.

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