[Info-vax] HPE going after Mike Lynch's estate
Arne Vajhøj
arne at vajhoej.dk
Tue Sep 17 08:39:32 EDT 2024
On 9/17/2024 8:26 AM, Simon Clubley wrote:
> On 2024-09-16, Simon Clubley <clubley at remove_me.eisner.decus.org-Earth.UFP> wrote:
>> I wonder if HPE's plan is to try and make Mrs Lynch throw in the towel
>> while she is under extreme emotional stress and hence they can claim
>> some sort of "victory", at least in their little minds ? :-( :-(
>
> From https://www.theregister.com/2024/09/16/hpe_lynch_damages/ is this
> little gem:
>
> |In addition to damages, HPE has the right to ask the Lynch estate to cover
> |its legal costs, believed to be at least £40 million ($52.8 million).
It could easily be in the hundreds of millions before the case is over.
But HPE will most likely pay, because that right is most likely
not worth a cent.
What is the difference between HPE being awarded 4 B$ from an
estate worth 1 B$ and HPE being awarded 4 B$ + a few hundred M$
for legal cost from an estate worth 1 B$?
None!
That right is only worth anything if HPE get awarded so small
a restitution that the estate has money left to pay legal fees.
Arne
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