SCO To Fork Over $9M To David Boies And His Legal Eagles

The Lindon, Utah-based company will pay former Microsoft antitrust prosecutor David Boies and company $1 million in cash and 400,000 shares of its common stock valued at $7.956 million that will be recorded against the company's fourth quarter, which ended Oct. 31, the company said.

The funding stems from a $50 million investment in SCO last month from private equity concern BayStar Capital, which now owns 17.5 percent of the embattled Unix company.

Some have questioned SCO's ability to maintain a lengthy legal dispute with IBM, whose vast legal resources outstrip those of the small Unix company. The two are not set to face off in court until July 2005. Last spring, SCO sued IBM for allegedly donating SCO-owned Unix code to the Linux kernel.