Having been told by the Delaware Chancery Court that it had filed its suit against Comdisco Inc in the wrong room, and that if it wanted to pursue the case, it had better refile in the Superior Court sharpish, IBM Corp is now confronted with another embarrassment in the suit, Hesh Wiener reports from New York. It turns out that the 3090 computer chosen as the test case machine does not even belong to IBM Credit Corp – it belongs to a limited partnership set up in 1985 by IBM Credit and Merrill Lynch & Co. While not necessarily invalidating the suit, the actual ownership throws up the problem that the US tax laws under which the partnership was established treat computers differently from the way that IBM Credit Corp asserts that they should be treated. Full story – page four, inside.
