[Info-vax] HPE going after Mike Lynch's estate

[Arne Vajhøj]

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