She lost her husband and 18-year-old daughter Hannah on a superyacht, and may still be liable to pay up to US$4 billion to Hewlett Packard Mike Lynch’s widow Angela Bacares may still be liable to pay up to US$4 billion in damages to Hewlett Packard (HPE), even after her husband and daughter tragically died in a shocking Sicily yacht sinking last month, according to The Guardian. {"@context":"https://schema.org","@type":"ImageObject","caption":"Mike Lynch was embroiled in legal battles before his death.
Photo: Bloomberg","url":"https://img.i-scmp.com/cdn-cgi/image/fit=contain,width=1024,format=auto/sites/default/files/d8/images/canvas/2024/09/06/4ff22276-b07a-440a-b4cf-9958e8298c82_34f54c2a.
jpg"} Mike Lynch was embroiled in legal battles before his death. Photo: Bloomberg HPE has said it will not be dropping the fraud claims that were made against Lynch, and plans to pursue damages of up to US$4 billion from his estate. Per The Guardian, the IT company won a civil lawsuit against Mike Lynch in 2022 after accusing him and his former finance director, Sushovan Hussain, of fraud related to the 2011 takeover of his software company, Autonomy.
Advertisement “In 2022, an English High Court judge ruled that HPE had substantially succeeded in its civil fraud claims against Dr Lynch and Mr Hussain. A damages hearing was held in February 2024 and the judge’s decision regarding damages due to HPE will arrive in due course. It is HPE’s intention to follow the proceedings through t.