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The Independent UK

Business

Ted Hennessey

Mike Lynch’s estate wins right to challenge $1.2 billion HP fraud ruling

Mike Lynch HP Autonomy Court of Appeal HPE Hildyard

Mike Lynch’s estate has been allowed to challenge part of a ruling ordering it to pay Hewlett-Packard Enterprise (HPE) more than $1.2 billion over its acquisition of software company Autonomy.

In 2022, Mr Justice Hildyard ruled that HPE had “substantially won” its multibillion-dollar fraud claim against Mr Lynch over its 2011 purchase of Autonomy, which the businessman founded.

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