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MS at least keeping pace with SCOMS at least keeping pace with SCOPosted Oct 23, 2003 5:21 UTC (Thu) by fLameDogg (guest, #11305)Parent article: Catching up with SCO
In other words, Boies et al. are no longer willing to work for a straight contingency deal. The 20% fee could yet be lucrative - it is not clear whether it includes the $50 million from BayStar and RBC - but Boies is now getting $1 million and almost $7 million worth of stock as well regardless of the outcome of any litigation. SCO's lawyers win whether its client does or not. The 8K filing also notes that Microsoft has pumped another $8 million worth of "licensing fees" into SCO. So SCO is now guaranteeing their lawyers something close to $8 million (depending on stock price)--and meanwhile, MS has shoveled just about that amount in additional cash their way. Veerry Interesting.
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