Not the end
As the promised “end of Q1” date for judgment in the years-long case draws closer ...
I doubt we'll see the end of this for a few years still.
HPE will keep going on and on till there's no air left to breathe, both in the UK and in the US, they have the money to bankroll an endless lawsuit.
Basically because if they lose the case, they are probably done.
For good, left to evanesce into nonexistence like other large IT corporations have.
eg: Sun Microsystems.
What still has me baffled is that while in the in US you can more or less file a lawsuit for just about anything you consider to be a legitimate grievance and actually be accepted in court, no class action has been taken by HPE shareholder's against the company and/or all those involved.
8.8 billion dollars is certainly not a number any corporation can ignore, more so if it is a write off on the puchase of a company they paid 11.7 billion for.
ie: over 75% of the price paid.
Such a lawsuit should put things straight very quickly with the blame clearly set on those responsible.
ie: HP's CEO, CFO and executive board.
Maybe Lynch is a crook, don't know.
But I'm convinced that the HPE executives involved in this monumentally absurd fuck-up are either crooks or dumber than a Brillo pad.
My odds are 10-1 to their being crooks.
@Gareth: thanks for the write up.
I was starting to lose track of how things were going.
O.