Re: Mike Lynch not guilty of defrauding HP

On 8/29/2024 2:08 PM, Simon Clubley wrote:

On 2024-08-29, Arne Vajhøj <arne@vajhoej.dk> wrote:

And now Mike Lynch is dead and HPE need to decide
whether to go after the estate (and grieving widow)
for the 4 B$.
>
https://fortune.com/europe/2024/08/27/hp-dilemma-mike-lynch-family-4-billion-claim/

 IMHO, that would be an incredibly stupid thing for HPE to do and
will likely result in a massive backlash, especially here in the UK.
 When he was acquitted in the US, a common view here in the UK was
that he had been wrongly sent to the US by our previous government
and that an innocent man had prevailed against the US government.
 In addition to this, there is now also a lot of additional sympathy
for him and the other people lost on the yacht especially since stories
have emerged that there should have been enough time to save them if
the yacht had been secured properly and the crew had done certain things.
 Of course, we don't know the truth of those stories until Italy has
completed its investigation, but that is most certainly a currently
common feeling in the UK, especially since Italy now has multiple
crew members under investigation.

It will sure be bad PR.
But 4 B$ is a lot of money.
On the other side if various reports are correct then
he was only 1 B$ worth when he died.
So the real number is:
1 B$ - gigantic legal cost - monetary value of serious bad PR in UK
They could decide to close the case and move on.
Arne