The estate of late tech tycoon Mike Lynch and his business partner owe technology giant Hewlett Packard Enterprise (HPE) £700m, the UK High Court has ruled. HPE bought Lynch's tech firm Autonomy in 2011, but it says Lynch and Autonomy's former chief financial officer, Sushovan Hussain ,misrepresented the company's finances.

Now, his estate—estimated to be worth around $675 million—will be liable for the hefty settlement, with bankruptcy a possibility.