They started their self imolation as a company with finances in relatively good standing, sued their own customers and others based on falsehoods they propagated to support their con, discovered that the truth will eventually come out in spite of their best efforts and - while still solvent - filed for Ch 11 bankruptcy on the eve of court to delay the inevitable. During Ch. 11 their funds and, most importantly, funds that belonged to others were squandered through deliberate delay after delay. I expect next will be Ch 7 to wind up the company's affairs for cents on the dollar.
Best thing that could happen now is for both the IBM case & Swiss arbitration to proceed to well and truly nail their hide and prevent future sleazes following suit, followed by going after SCO's management & legal entities for implementing such dishonest acts.