SCO receives $100 million in private equity

The money pit that is SCO seems to have gotten a lifeline this week in the form of a $100 million dollars in private investment from Stephen Norris Capital Partners (SNCP) and some of its undisclosed associates. There is apparently a restructuring plan in the works. SCO famously attempted to become profitable by suing everything that moved in the Linux world. This detestable plan ended in epic failure and SCO was almost universally reviled by the tech community. Any plans SCO might have for returning to this tactic seem extremely unlikely to succeed. Why would anyone invest in such a mess?