be worth adjudicating. December 2006 On December 1, Wells ruled from the bench in accepting IBM's motion to limit SCO's claims to those supported by evidence submitted by December 22, 2005 and not rejected by the court. SCO stock subsequently lost roughly 50% of its value in three days of exceptionally heavy trading. April 2007 SCO brings Pamela Jones of Groklaw into both SCO v. IBM and SCO v. Novell cases. They claim that they have attempted to serve Jones although she denies knowledge of any such attempts. August 2007 On August 10, Judge Dale Kimball issued a ruling in SCO v. Novell which found that "Novell is the owner of the UNIX and UnixWare copyrights" and SCO to be in breach of its SVRX licensing agreement with Novell. The ruling also cast further doubt on SCO's claims that IBM and Linux infringe against any SCO source code, and upheld Novell's right to force SCO to waive its copyright claims against IBM and Sequent. In response, on Monday, August 13, SCO stock fell over 70%, to 44 cents a share. September 2007 The trial in SCO v. Novell was due to start on Monday September 17, in order to determine how much money SCO owed Novell. On September 14, SCO Group filed a voluntary petition for reorganization under Chapter 11 of the United States Bankruptcy Code. As a result of the petition for bankruptcy, all pending litigation was automatically stayed as per U.S.C. § 362. On September 27, NASDAQ issued SCO a notice of potential delisting, under their discretionary authority. SCO appealed this decision, but on September 19, it received another delisting warning for an insufficient bid price. On October 23, SCO announced that they had reached an agreement with York Capital Management. Pending Bankruptcy Court approval, York was to purchase most of SCO's business for a total of approximately $36 million, including financing. After Novell, IBM, and the United States Trustee objected to the deal, SCO withdrew the proposed sale on November 20, without prejudice. November 2007 Novell succeeded in getting a court to lift SCO's Chapter 11 immunity from legal action and will continue with legal action against SCO. December 2007 SCO stock is delisted from the NASDAQ stock exchange. July 2008 Novell granted award of 2.5 million against SCO. August 2009 On August 24, the United States Court of Appeals for the Tenth Circuit partially reverses summary