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Path: ...!eternal-september.org!feeder3.eternal-september.org!news.eternal-september.org!.POSTED!not-for-mail From: =?UTF-8?Q?Arne_Vajh=C3=B8j?= <arne@vajhoej.dk> Newsgroups: comp.os.vms Subject: Re: HPE going after Mike Lynch's estate Date: Thu, 5 Sep 2024 14:56:14 -0400 Organization: A noiseless patient Spider Lines: 35 Message-ID: <vbcuse$ecmt$1@dont-email.me> References: <vba8kh$3u30m$2@dont-email.me> <fe0b3cca0fbe2a6ad1054ab53aeb1f3140d5800f.camel@munted.eu> <vbcu4t$eqm0$1@dont-email.me> MIME-Version: 1.0 Content-Type: text/plain; charset=UTF-8; format=flowed Content-Transfer-Encoding: 7bit Injection-Date: Thu, 05 Sep 2024 20:56:14 +0200 (CEST) Injection-Info: dont-email.me; posting-host="87f137d38684c430f898c34d8d1ec6cf"; logging-data="471773"; mail-complaints-to="abuse@eternal-september.org"; posting-account="U2FsdGVkX1/Sl3Bq4rFb+9efqZFmAVk7lcx2pk/KDqg=" User-Agent: Mozilla Thunderbird Cancel-Lock: sha1:75mk779LrxNBxv2Eh1WoPKaiDTk= Content-Language: en-US In-Reply-To: <vbcu4t$eqm0$1@dont-email.me> Bytes: 2253 On 9/5/2024 2:43 PM, chrisq wrote: > On 9/4/24 22:45, Single Stage to Orbit wrote: >> On Wed, 2024-09-04 at 18:24 +0000, Simon Clubley wrote: >>> HPE have decided to go after Mike Lynch's estate (ie: his wife). :-( >>> >>> https://www.theregister.com/2024/09/02/hpe_mike_lynch_damages/ >>> >>> Absolutely the wrong thing for them to do. >> >> It's vindictive and mean-minded. I wonder who made the decision? > > Greed hath no bounds. I guess it will be the shareholders forcing > this, but the uk case has not yet been appealed, so if will take a > lot of time. > > Greedy grubby, spiv company, completely devoid of it's founders > ethical values and attitudes. Just say no... Maybe the decision makers have not even understood the math. It is not: 4 B$ ~ badwill in the UK It is: MIN(what court will end up with,what is left in the estate) - legal expensenses ~ badwill in the UK If we let my RNG produce some random numbers: court says 2 B$, estate after taxes is 800 M$, legal cost are are 500 M$ - then HPE is getting UK thisbad will for 300 M$. Numbers are made up, but the relevant amount is not 4 B$. Arne