Since CDC Software went public in August, the conversion provision for the notes, which bear an interest rate of 3.75 percent, probably had some appeal. But the vendor made some changes in November which it said voided the exchange option. So a company called Evolution, which holds the notes, filed a notice of motion for summary judgment in lieu of complaint against CDC Corporation in the Supreme Court of the State of New York, County of New York, demanding payment of the remaining principal portion of the notes, along with accrued and retroactive interest. CDC said it will vigorously defend its rights, but believes it has sufficient resources for notes that might become due, irrespective of the outcome of the court case. CDC's best-known products are the Ross ERP system and Pivotal CRM. CDC stock closed at $9.07 per share. I know where I’d put my betting money on the outcome of this one.