Copyright Suits Send UNIX Licenser Into Bankruptcy

Law360, New York (September 17, 2007, 12:00 AM EDT) -- Suing free software providers over open-source codes has become an exceedingly costly proposal for SCO Group Inc., which filed for bankruptcy on Friday after it failed to convince a federal judge that it owned copyrights to the UNIX operating system.

The company listed $14.8 million in assets and $7.5 million in debt in its voluntary Chapter 11 petition, filed in the U.S. Bankruptcy Court for the District of Delaware.

The company said it filed for Chapter 11 to protect its assets from creditors and stockholders, and...
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