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The Latest Breaking News from Hildyard

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

The Lynch family confirmed that lawyers have launched a successful Court of Appeal bid to challenge some of the findings

The Independent UK

Judge casts doubt on future of WH Smith replacement TG Jones

Mr Justice Hildyard, who approved rescue plan in July, said turnaround plan came with ‘very considerable’ risks

The Guardian - UK

Former WH Smith Chain on Brink of Collapse: £8M Shortfall Threatens 4,700 Jobs and 150 Stores

TG Jones, formerly part of WH Smith, narrowly avoided collapse with a court-approved restructuring plan. Learn about the impact on 150 high street stores, 4,700 jobs, and the financial burden on suppliers and landlords.

International Business Times UK

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Up to 150 former WH Smith stores threatened by closure after restructuring approved

Lawyers for the retailer admitted the company was facing an £8 million shortfall this week if a judge did not sanction the plans

The Independent UK

Around 150 TG Jones shops at risk of closure after restructuring approved

However, the high street chain formerly known as WH Smith said it will avoid insolvency as a result of the plan.

Evening Standard

Mike Lynch estate ordered to pay almost £1bn to Hewlett-Packard following court ruling

Mr Justice Hildyard refused Mr Lynch’s estate permission to appeal against either of his earlier judgments

The Independent UK

Bayesian yacht victim Mike Lynch’s estate ‘bankrupt’ after being told to pay £700m court order

Billionaire Mr Lynch, 59, and teenage daughter Hannah among seven dead when boat sank off Sicily

Evening Standard

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Mike Lynch’s estate and business partner owe HP £700m, court rules

Decision over sale of Autonomy comes a year after death of tech tycoon in accident involving his superyacht

The Guardian - UK

Hewlett-Packard lost hundreds of millions in Autonomy acquisition, judge rules

The American firm sued Mike Lynch, who died last year, following its purchase of Autonomy in 2011.

Evening Standard

‘Circularity problem’ over Mike Lynch’s $630m estate finally resolved as HPE moves toward settlement

An impasse over who would volunteer to be the executor of Lynch's will prevented a final settlement, with HPE seeking $4 billion in damages.

Fortune

Tycoon considers ‘options’ after losing latest round in US extradition battle

Then-home secretary Priti Patel approved Mike Lynch’s extradition to the US in January 2022 to answer criminal fraud charges.

The Independent UK

Tech tycoon loses US extradition challenge in Autonomy fraud case

Mike Lynch has lost his appeal against a ruling that Priti Patel could approve his extradition to answer criminal fraud charges in the US.

The Independent UK

Autonomy founder plans appeal as Hewlett Packard wins fraud case against him

Mike Lynch is also facing extradition to the US over allegations related to the sale.

The Independent UK

Hewlett Packard wins huge fraud case over acquisition of British firm Autonomy

Mr Justice Hildyard delivered a summary of his conclusions in the case on Friday.

The Independent UK

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