Overview

• Judge Robert Hildyard determined that Hewlett Packard sustained £646 million in overpayment losses plus £51.7 million for deceit and misrepresentation, bringing total damages to just over £700 million
• Sushovan Hussain reached a private settlement with HP earlier this year, leaving Mike Lynch’s estate to shoulder the bulk of the awarded damages
• Lynch died last August when his superyacht sank off Sicily, and the court order now threatens to exhaust his estate and impact his heirs
• The estate’s administrator has signaled intentions to consider appeals of both the 2022 liability finding and this week’s damages award
• A further hearing scheduled for November will set interest rates, determine currency conversion and rule on permission to appeal