Re: HPE going after Mike Lynch's estate

On 9/5/2024 2:43 PM, chrisq wrote:

On 9/4/24 22:45, Single Stage to Orbit wrote:

On Wed, 2024-09-04 at 18:24 +0000, Simon Clubley wrote:

HPE have decided to go after Mike Lynch's estate (ie: his wife). :-(
>
https://www.theregister.com/2024/09/02/hpe_mike_lynch_damages/
>
Absolutely the wrong thing for them to do.

>
It's vindictive and mean-minded. I wonder who made the decision?

 Greed hath no bounds. I guess it will be the shareholders forcing
this, but the uk case has not yet been appealed, so if will take a
lot of time.
 Greedy grubby, spiv company, completely devoid of it's founders
ethical values and attitudes. Just say no...

Maybe the decision makers have not even understood the math.
It is not:
   4 B$ ~ badwill in the UK
It is:
   MIN(what court will end up with,what is left in the estate) - legal expensenses ~ badwill in the UK
If we let my RNG produce some random numbers: court says 2 B$,
estate after taxes is 800 M$, legal cost are are 500 M$ - then
HPE is getting UK thisbad will for 300 M$.
Numbers are made up, but the relevant amount is not 4 B$.
Arne