Hewlett Packard declines to drop U.K. claim for damages against the estate of British tech mogul Mike Lynch.
Hewlett Packard Enterprise will pursue a lawsuit against the estate of British tech entrepreneur Mike Lynch, who died in August after his yacht sank off the coast of Sicily.Britain's High Court in 2022 ruled mostly in favor of the U.S. technology company, which accused Lynch and his former finance director of fraud over its $11 billion takeover of his software company Autonomy.
'However, the judge in the U.K. civil case has already ruled that the amount payable in damages would be 'substantially less' than the company is seeking. A spokesperson for Lynch's family declined to comment. Lynch and his 18-year-old daughter Hannah were among six passengers who died when his 184-foot luxury yacht sank quickly in a storm on Aug. 19. One crew member, the boat's chef, also died, while 15 people survived the disaster.
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