Deutsch   English   Français   Italiano  
<vbcuse$ecmt$1@dont-email.me>

View for Bookmarking (what is this?)
Look up another Usenet article

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