The tech lawsuit of the year: HPE v Mike Lynch and Sushovan Hussain

The tech lawsuit of the year: HPE v Mike Lynch and Sushovan Hussain

5 years ago
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https://www.theregister.co.uk/2019/03/25/autonomy_trial_begins_high_court_london/

Autonomy Trial Today begins the tech trial of the year: HPE has hauled Mike Lynch into London's High Court, claiming $5bn from the one-time chief exec of ill-fated UK software firm Autonomy.

The case is the culmination of years of bitter wrangling between HPE and Lynch over the former's $11bn buyout of Autonomy in 2011. After the buyout, HP (as was) wrote down the value of Autonomy by $8.8bn and started pursuing Lynch and his his former chief financial officer, Sushovan Hussain, through the courts.

The tech lawsuit of the year: HPE v Mike Lynch and Sushovan Hussain

Mar 25, 2019, 11:28am UTC
https://www.theregister.co.uk/2019/03/25/autonomy_trial_begins_high_court_london/ > Autonomy Trial Today begins the tech trial of the year: HPE has hauled Mike Lynch into London's High Court, claiming $5bn from the one-time chief exec of ill-fated UK software firm Autonomy. > The case is the culmination of years of bitter wrangling between HPE and Lynch over the former's $11bn buyout of Autonomy in 2011. After the buyout, HP (as was) wrote down the value of Autonomy by $8.8bn and started pursuing Lynch and his his former chief financial officer, Sushovan Hussain, through the courts.