US Trustee Objects to Boies Schiller Conducting SCO's Bankruptcy Case; Wants Role Narrowed; Looking at Fees – Updated(Groklaw)

Ah, the pan is heating up.

The US Trustee puts away the rubber stamp and begins to ask questions. Could it be that the trustee has been getting phone calls directly from BS? (pun convenient) Or, could it be that the trustee sees that $30 million or so sent off to SCO attorneys as a source of funds? It could be both. But, it is certainly the latter.

The US trustee as well as the judge for that matter is obligated to do what they can to see that creditors are satisfied. And that means paying them their due. Or, making sure they can agree to any final plan. And I have never known a creditor to refuse cash. So it is the duty of the US Trustee to gather together all of the debtor's estate including such things as retainers or deposits that might be held by third parties. SCO management may not care about employees, stockholders or even creditors. After all they adopt polices to steal property from Novell and IBM. And they just love to sue customers. And lately SCO has sought to sell their customers down the toilet by suggesting a sale of almost all of their assets to a company not capable of supporting their products. Bankers no less. And a party that most likely is only interested in suing others or continuing to cause distress within the Linux marketplace. All of this does enter into the decision to put away the rubber stamp. Seeing a possible source of cash helps quite a bit too.

I expect to hear more from the US trustee.

But, this article on Groklaw also brings up the request to receive notices from the Plaintiff's Executive Committee. It seems the group suing Caldera over the IPO stuff is interested in joining the party. Just leave your pistols at the door, please. Brass knuckles are okay as long as they remain out of sight. But, no tear or pepper gas aerosol cans either.

What?

No customers or shareholders suing yet? They were all lied to. And they are about to be sold out. Or, at least SCO management wants to sell all of the property out from under them. Got to have more money for lawyers, you know. To hell with customers, employees and stockholders. Those people do not count.

PJ's analogy to the chickens coming home is appropriate. But, I think there is going to be a whole lot more chickens showing up before this court is finished.