The Italian Yacht Group TISG's shipyard, which constructed the Bayesian yacht that sank two years ago leading to the death of entrepreneur Mike Lynch, has filed for insolvency. The question of blame remains unresolved amidst reports of gross mismanagement.

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Mike Lynch's estate is at risk of being wiped out following a ruling that orders it to pay £920 million ($1.24 billion) in damages to Hewlett-Packard Enterprise for the 2011 acquisition of Autonomy.

The estate of tech entrepreneur Mike Lynch is at risk of being entirely depleted following a $1.24 billion legal ruling.

Mike Lynch's estate has been refused permission to appeal in the long-running UK legal battle involving HP and Autonomy.

Yachtmaker Azimut Benetti is working to calm customer concerns following a legal challenge initiated by Bayesian manufacturer against the estate of Mike Lynch. The company emphasized that the legal issue is highly specific to one shipbuilder.

A preliminary report on the sinking of a superyacht, which resulted in the deaths of billionaire Mike Lynch and his 18-year-old daughter, indicates that the incident was not caused by a storm.

Hewlett Packard is set to receive $1.24 billion in compensation from the estate of British technology magnate Mike Lynch, who died in a yachting accident.

The estate of tech entrepreneur Mike Lynch is facing the prospect of being wiped out following a $1.24 billion ruling, marking a significant legal and financial blow.

The Italian Sea Group's Perini Navi, maker of Mike Lynch's superyacht, is experiencing leadership changes, including the loss of its CEO and board members. This comes after one of its vessels sank off the coast of Sicily in 2024.

The widow of British businessman Mike Lynch, who died in a yacht accident off the coast of Sicily in August 2024, is now facing a $1.2 billion lawsuit. Lynch also lost his daughter in the incident.

Mike Lynch's estate is at risk of being completely wiped out following a $1.24 billion legal ruling against him.

The estate of late British tech tycoon Mike Lynch has been ordered to pay almost £1 billion to Hewlett-Packard (HP) following a court ruling linked to the 2011 takeover of Autonomy.