Yet Another Law Firm To Help Drain SCO's Coffers

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August 31, 2009

Edward Cahn's first action as a Chapter 11 Trustee:

[SCOBK-902] "Application to Employ Blank Rome LLP as Counsel to the Chapter 11 Trustee Filed by Edward N. Cahn, Chapter 11 Trustee for The SCO Group, Inc., et al.."

Hearing scheduled for Sept. 24 at 2 pm.

Four paragraphs of the motion are devoted to an explanation of all the rates and fees that Blank Rome will be charging. What will they do? Among other things ...

"d) Investigate the acts, conduct, assets, liabilities, financial condition and financial affairs of the Debtors, the operation of the Debtors' business and desirability of the continuance of such business, and any other matter relevant to the case or to the formulation of a plan;"

"k) As soon a practicable, file a statement of any investigation conducted, including any fact ascertained pertaining to fraud, dishonesty, incompetence, misconduct, mismanagement, or irregularity in the management of the affairs of the Debors, or to a cause of action available to the estate;"

8:40:15 PM


Source: Investor Village SCO Board [ http://www.investorvillage.com/smbd.asp?mb=1911 ]

Copyright 2009