CosmicTaco

HPE Pursues Legal Action Against Late Mike Lynch

CosmicTaco · 2024-09-03T12:43:16.433712+05:30

- **Hewlett Packard Enterprises (HPE)** will not drop legal proceedings against **Mike Lynch**, who died after his yacht sank last month. - HPE seeks **$4 billion** in damages from Lynch's estate over the acquisition of **Autonomy**, alleging inflated company value. - In 2022, the **UK High Court** ruled in favor of HPE, but damages were set to be less than the $5 billion claimed. - Lynch's yacht sank on August 19, resulting in his death and the disappearance of his 18-year-old daughter. - HPE continues to pursue legal action despite Lynch's death, aiming to conclude the proceedings.

Hewlett Packard Enterprises (HPE) will not drop legal proceedings against Mike Lynch, who died after his yacht sank last month.
HPE seeks $4 billion in damages from Lynch's estate over the acquisition of Autonomy, alleging inflated company value.
In 2022, the UK High Court ruled in favor of HPE, but damages were set to be less than the $5 billion claimed.
Lynch's yacht sank on August 19, resulting in his death and the disappearance of his 18-year-old daughter.
HPE continues to pursue legal action despite Lynch's death, aiming to conclude the proceedings.