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SCO Caps Legal Expenses At $31 Million
The Courts
Posted by timothy on Wed Sep 01, '04 11:08 AM
from the nice-prime-number-of-millions dept.
uniqueCondition points to a story on News.com, writing "With SCO's legal costs reaching $7.3 million in their most recent quarter, nearly half of the $15 million it has spent in the last five quarters, SCO can't afford this kind of litigation. They have therefore limited their payment to $31 million for the entire case and is giving their legal team a larger slice of any settlement SCO achieves. Under the current agreement, the firm's contingency payment is 20 percent of a settlement. Under the new agreement, that increases to a range of 20 to 33 percent." uniqueCondition links also to coverage at Techrepublic.com, InformationWeek and The Inquirer.


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· most recent quarter
· limited their payment to $31 million for the entire case
· Techrepublic.com
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· The Inquirer
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· Also by timothy
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