Hewlett Packard (HP) is seeking $1.7bn (£1.3bn) from the estate of Mike Lynch - who died last year when his yacht sank - over HP's acquisition of his firm Autonomy, the tech giant's lawyers have told the High Court.
HP, now known as Hewlett-Packard Enterprise (HPE), bought Mr Lynch's tech firm Autonomy in 2011, but it says Mr Lynch and Autonomy's former chief financial officer, Sushovan Hussain, misrepresented the company's finances.
In a 2019 trial, HPE had accused Mr Lynch of inflating Autonomy's revenues which it said forced it to announce an $8.8bn write-down of the company's worth.
Mr Justice Hildyard ruled in 2022 that HPE had "substantially succeeded" in its claim, but that it was likely to receive "substantially less" than the $5bn it sought in damages.
Earlier this year, he ruled that HPE suffered losses amounting to around £700m through the purchase of Autonomy.






