Mike Lynch Estate Ordered to Pay Nearly £1 Billion to HP
The estate of late British tech tycoon Mike Lynch has been ordered to pay almost £1 billion to Hewlett-Packard (HP) following a court ruling linked to the 2011 takeover of Autonomy.
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Estate of Mike Lynch ordered to pay £920m to Hewlett-Packard
Ruling linked to takeover of Autonomy in 2011 comes two years after tech tycoon died in superyacht disaster The estate of late British tech tycoon Mike Lynch has been ordered to pay £920m to the technology company Hewlett-Packard (HP) two years after he died in a superyacht disaster. The ruling by London’s high court said the estate was liable to pay the sum as compensation, costs and interest for HP’s acquisition of Lynch’s firm Autonomy, after a UK legal ruling in 2022 that he duped the US ...
By Simon Goodley
Read full article →Mike Lynch estate ordered to pay almost £1bn to Hewlett-Packard following court ruling
Mr Justice Hildyard refused Mr Lynch’s estate permission to appeal against either of his earlier judgments
By Callum Parke
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