The Age
·general
·5 hours ago
The widow of ‘Britain’s Bill Gates’ targeted in hunt for $1.7 billion
Hewlett Packard has sought court approval to investigate the assets of Mike Lynch's widow, Angela Bacares, to recover £920 million in legal damages. HP aims to appoint administrators to examine Lynch's past transactions, amid concerns of asset preservation. The estate's value is estimated at £330 million, raising bankruptcy concerns for Bacares and the Lynch estate.
Summary by Glance · The Age
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