Hewlett Packard Continues $4B Claim Against Estate Of UK's Bill Gates, Mike Lynch, Following Tech Magnate's Death In Yacht Tragedy
Portfolio Pulse from Benzinga Neuro
Hewlett Packard Enterprise (HPE) is continuing its $4 billion claim against the estate of the late Mike Lynch, following his death in a yacht accident. The claim stems from a 2022 UK High Court ruling favoring HPE in a fraud case related to its acquisition of Lynch's company, Autonomy.
September 03, 2024 | 4:19 am
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Hewlett Packard Enterprise is pursuing a $4 billion claim against Mike Lynch's estate, following a favorable UK court ruling in a fraud case related to its acquisition of Autonomy.
HPE's decision to continue its legal claim against Lynch's estate could potentially recover significant financial damages, positively impacting its financial position. The legal proceedings are a continuation of a favorable court ruling, suggesting a strong case for HPE.
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