Mike Lynch's Estate and Business Partner Owe HP $944M, Court Rules

Mike Lynch's estate and business partner owe Hewlett-Packard (HP) over $944 million in damages. HP sought up to $4.55 billion from Lynch's estate following a disastrous Autonomy acquisition. Lynch, once compared to Bill Gates, died in a superyacht accident a year ago. His estate is valued at approximately $674 million. Paying the damages could bankrupt Lynch's estate. The ruling stems from a six-year civil fraud case. The court found Lynch and his finance director defrauded HP. HP successfully argued they overpaid for Autonomy. Lynch's death occurred after his acquittal on related criminal charges. The $944 million judgement impacts Lynch's estate significantly.