SCO Group, which
filed
for bankruptcy protection last year after losing its fight to claim
ownership of Unix, has asked for more time to get itself reorganised.
The company has petitioned a Delaware bankruptcy court for a 90-day extension
of its businesses reorganisation, which has already seen key staff
leave
in droves.
SCO's request comes despite the company receiving a
$100m
cash injection from venture capitalists.
"The debtors and [private equity firm] Stephen Norris Capital Partners have
been working to modify the financial structure of the Plan in order to, among
other things, improve its debt/equity ratio," reads the
court
papers (PDF).
"The parties continue to make good faith progress towards improving the
structure of the transaction.
"The 90-day extension will provide the necessary time to negotiate and
prepare adequate information to amend the Plan and revise the Disclosure
Statement, including the definitive documents required for the transaction."
Assistant Forensic Computer Analyst - Police Headquarters, Maidstone, £20,164 - £23,632 Permanent Contract Digital devices and information communication technology are present in almost every investigation the police service undertakes. Kent Police Digital Forensics Unit ... more >
Sutton, Surrey, United Kingdom | Royal Marsden Hospital NHS Trust
The Royal Marsden NHS Foundation Trust is a centre of excellence for research, development, education and care in the treatment of cancer. Analyst Programmers, Band 6, £23,458-£31,779 plus 15% HCAS, Sutton, Surrey We are ... more >
London, United Kingdom | University of London (Institute of Education)
INSTITUTE OF EDUCATION University of London Systems Administrator (London Knowledge Lab) Computing and Media Support Salary in the range £28,290 - £33,780 per annum, plus £2,323 London Allowance Job share considered We are seeking to ... more >
Head of E-Commerce & IT, London, £35,000 - £40,000 + BonusMain Responsibilities - To identify, develop and improve the commercial opportunities for the company's existing online productsTo identify and develop new online opportunities and products ... more >More job opportunities
Print
Discuss
Send to friend
RSS feeds
Daily news podcast
del.icio.us
Digg this
reddit!
