LONDON – In the aftermath of British tech mogul Mike Lynch’s tragic death due to a sinking superyacht, Hewlett Packard Enterprise has announced that it will persist in its pursuit of damages from Lynch’s estate in the U.K.

Following a 2022 ruling by Britain’s High Court, Hewlett Packard, a U.S. technology company, emerged mostly victorious in a fraud case involving Lynch and his former finance director, related to the $11 billion takeover of Lynch’s software company Autonomy. The company is now seeking damages of up to $4 billion, awaiting a final decision from the judge.

Lynch’s demise occurred when his yacht, the Bayesian, sank during a storm off Sicily on August 19. As a result, Lynch’s widow, Angela Bacares, may now be held responsible for the damages.

Prior to the tragedy, Lynch had been acquitted in a separate U.S. criminal trial involving fraud and conspiracy charges related to the deal.

Initially lauded as a successful acquisition in 2011, Hewlett Packard soon regretted the Autonomy deal. The company expressed satisfaction in its progress against Lynch and Sushovan Hussain in the civil fraud claims.

Despite uncertainty over the final damage amount, Hewlett Packard remains committed to seeing the case through its conclusion.

Lynch’s family declined to offer any comments on the matter, while the legal proceedings continue their course.

The tragic sinking claimed the lives of Lynch, his daughter Hannah, and four other passengers aboard the luxury yacht, with one crew member also perishing. Investigations are ongoing in Italy, focusing on the yacht’s captain.