CanOpenER Home / Contact 
Contribute | Calendar | Advanced Search | Site Statistics | Directory | info | Web Resources | Polls | info | Web Resources | Polls |
 Welcome to CanOpenERMonday, December 09 2019 @ 02:20 PM CST 
Main Menu
Submit Article
Mailing Lists
RSS Feed

Who's Online
Guest Users: 75


Recommended Sites
Warped Systems

User Functions


Don't have an account yet? Sign up as a New User

RBC rethinks SCO deal
Wednesday, December 10 2003 @ 08:34 AM CST
Contributed by: Linegod
Views:: 2,591
Justice The Royal Bank of Canada is changing the terms of its investment in SCO Group, which claims copyright ownership over parts of the Linux operating system.

RBC, which along with investors at U.S-based BayStar Capital Partners pumped $50-million (U.S.) into the company in October, wants to distance itself from any sale of SCO that would result in a 20-per-cent contingency payment to the company's lawyers.

The agreement between the software maker and its lawyers for the high contingency fees has raised many eyebrows in the banking and high-tech industries.

Read the full thing here

Undermine and cast FUD at the work of hundreds of developers, that's fine. Pay lawyers? That's crossing the line :)


RBC rethinks SCO deal | 0 comments | Create New Account
The following comments are owned by whomever posted them. This site is not responsible for what they say.
What's Related
  • More by Linegod
  • More from Justice

  • Story Options
  • Printable Story Format