clipped from: arstechnica.com   

Federal district judge Dale A. Kimball issued a ruling on Friday declaring that Novell owns the UNIX copyrights. Kimball's ruling means that the end is near for SCO's protracted litigation trainwreck, an epic assortment of lawsuits that have achieved infamy in the tech industry. Judge Kimball finds that Novell never transferred ownership of the UNIX copyrights to SCO during or after a 1995 agreement between the two companies.

Judge Kimball has ruled that SCO owes Novell 95 percent of the royalties generated by the licensing of Novell's UNIX copyrights.
According to Judge Kimball's ruling, Microsoft paid SCO approximately $16 million for license rights and Sun paid approximately $10 million. SCO neglected to turn over the licensing fees to Novell, which "gave SCO its first profitable year in history,"
Few options remain open for SCO, and a bankruptcy could be imminent.