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The Courts

US Trustee Asks To Send SCO Into Chapter 7 259

Several readers including Pop69 inform us that the US Trustee's office has asked to convert SCO's Chapter 11 bankruptcy to Chapter 7 — a.k.a. liquidation. Groklaw has the text of the filing: "...not only is there no reasonable chance of 'rehabilitation' in these cases, the Debtors have tried — and failed — to liquidate their business in chapter 11."

Rumsfeld Stepping Down 899

macinrack writes to tell us that Defense Secretary Donald Rumsfeld, architect of the unpopular war in Iraq, intends to resign after six stormy years at the Pentagon. Officials said Robert Gates, former head of the CIA, would replace Rumsfeld.

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"They that can give up essential liberty to obtain a little temporary saftey deserve neither liberty not saftey." -- Benjamin Franklin, 1759

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