Law
fromBusiness Matters
1 week agoMike Lynch estate faces wipeout after $1.24bn HPE damages ruling
Mike Lynch's estate faces $1.24 billion damages to HPE, jeopardizing its financial viability after a high-profile corporate fraud case.
At least two terrible ironies surround the death of Mike Lynch. One lies in the name of his superyacht, which sank off the coast of Sicily in the early hours of 19 August 2024. He had named the boat Bayesian to honour Bayes's theorem, a mathematical rule that helps you weigh up the probability of something given the available evidence, which served as Lynch's guiding light over the course of a tempestuous career.