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Hewlett Packard won’t drop its UK claim against tech mogul Mike Lynch, who died when his yacht sank


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Hewlett Packard won’t drop its *** claim against tech mogul Mike ******, who ***** when his yacht sank

LONDON (AP) — Hewlett Packard Enterprise said Monday it won’t drop its U.K. claim for damages against the estate of British

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, who was ******* when his superyacht sank last month.

Britain’s High Court in 2022 ruled mostly in favor of the U.S. technology company, which accused ****** and his former finance director of ****** over its $11 billion takeover of his software company Autonomy. Hewlett Packard is seeking up to $4 billion in damages and the judge is expected to issue a decision on the final sum soon.

****** ***** when his yacht, the Bayesian,

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off Sicily on Aug. 19. His widow, Angela Bacares, could now be liable for the damages.

Months before the sinking, ****** was acquitted in a separate U.S. ********* trial of ****** and *********** charges in the deal.

Hewlett Packard initially celebrated the costly acquisition of ******’s company in 2011 but quickly came to regret it. The company said in a statement Monday that it had “substantially succeeded” in its civil ****** claims against ****** and Sushovan Hussain, the former finance director.

“It is HPE’s intention to follow the proceedings through to their conclusion.”

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 ******’s family declined to comment.

****** and his daughter Hannah were among

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when 56-meter (184-foot) luxury yacht went down. One crew member, the boat’s chef, also *****, while 15 people survived the disaster. They had gathered on the yacht to celebrate ******’s acquittal.

Officials initially said the yacht was struck by a tornado over the water, known as a waterspout. Prosecutors in Italy are investigating the captain on possible charges including manslaughter.



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#Hewlett #Packard #wont #drop #claim #tech #mogul #Mike #****** #***** #yacht #sank

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