LWN.net Logo

SCO's new reorganization plan

SCO's new reorganization plan

Posted Feb 15, 2008 5:47 UTC (Fri) by gdt (subscriber, #6284)
In reply to: SCO's new reorganization plan by and
Parent article: SCO's new reorganization plan

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?


(Log in to post comments)

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.

Copyright © 2008, Eklektix, Inc.
Comments and public postings are copyrighted by their creators.
Linux is a registered trademark of Linus Torvalds
Powered by Rackspace Managed Hosting.