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: GroklawSCO Asks That Friday's Bankruptcy Hearing on York Payment Be Postponed
By Pamela Jones et al.
And there's another filing, another bill [PDF] from Berger Singerman. This bill is for $245,123.70 and that's just for the month of March, and if you look at the breakdown in Exhibit A [PDF], a lot of it ($101,452) is for "Asset Preservation/Distribution", which that month I assume to be the now-defunct deal with Stephen Norris. As a contrast, the bill for "Case Administration" is just $931. They are morphing the plan into something else, an asset purchase supposedly, and meanwhile SCO's attorney Arthur Spector acknowledged at the hearing that there were problems with the plan being filed "piecemeal". He even promised it would never happen again.
So, why would they get paid in full for filing unfinished deals that never got airborne and that anyone would have to know would never get off the runway?
Full post as published by Groklaw on April 16, 2008 (boomark / email).
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