Mike Lynch's estate bankrupt
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Legit.ng on MSNUK court awards £700 mn to HP in late tycoon's fraud caseA UK court Tuesday awarded £700 million ($946 million) compensation to IT firm Hewlett Packard in a fraud case involving late British tech tycoon Mike Lynch, killed last year when his superyacht sank off Sicily.
A court determined this week that Mike Lynch’s estate is liable for damages sought by Hewlett Packard Enterprises (HPE) over its acquisition of Lynch's former tech company.