Paul Allen , a share holder to several hundred million shares and former partner in Microsoft having set up the company with Bill gates is attempting to pretty much the entire IT industry. Google, AOL, Apple, Facebook, Staples, Office Depot are facing the court room.
The move by the former exec at Microsoft seems to have the ring of a desperate man clinging onto every last ditch hope of earning a few extra quid before going bust. In his position as chairman of Charter Communications and Chairman of Vulcan suspicions must be running high about closure. He’s likely wanting to do this just to bring in some cash to keep the house charter communications filed for bankruptcy late last year. Investments under Vulcan do not look overly encouraging either.
The whole situation entirely brings back to memory SCO. Whom after trying to sue everyone also filed for bankruptcy.
References
FT.com
