BleepingComputer.com: Sco Files For Chapter 11 Bankruptcy

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Sco Files For Chapter 11 Bankruptcy

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Posted 19 September 2007 - 11:04 PM

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LINDON, Utah, Sept. 14 /PRNewswire-FirstCall/ -- The SCO Group, Inc. ("SCO") (Nasdaq: SCOX - News), a leading provider of UNIX® software technology and mobile services, today announced that it filed a voluntary petition for reorganization under Chapter 11 of the United States Bankruptcy Code. SCO's subsidiary, SCO Operations, Inc., has also filed a petition for reorganization. The Board of Directors of The SCO Group have unanimously determined that Chapter 11 reorganization is in the best long-term interest of SCO and its subsidiaries, as well as its customers, shareholders, and employees.
http://www.groklaw.net/article.php?story=20070914152904577

well thats one way to try and weasel out of the money you owe people.
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