UK tech tycoon Mike Lynch loses bid to block US extradition

UK tech tycoon Mike Lynch misplaced his bid to attraction his extradition to the US to face legal costs over the Hewlett Packard sale.

The Autonomy Corp. founder had tried to dam his switch to the US after the British authorities authorised the transfer in January 2022. This adopted a separate courtroom judgment that he was dishonest within the $11 billion sale of his firm.

Not one of the grounds of attraction have been debatable, judges Clive Lewis and Julian Knowles wrote in a ruling Friday.
Lynch, who denies all the fees, had argued that the case belonged within the UK and will have been totally investigated by British authorities. Spokespeople for Lynch didn’t instantly reply to calls and emails requesting a remark.

It’s the most recent chapter in a authorized saga that started shortly after the 2011 sale of Lynch’s Autonomy to Hewlett Packard. A 12 months after the sale, the Silicon Valley {hardware} big wrote down the worth of the deal by $8.8 billion.

Lynch, had been looking for to attraction on 5 grounds, along with his predominant argument being that the legal case in opposition to him must be within the UK the place the majority of the occasions allegedly occurred.

“These issues belong firmly within the UK,” Alex Bailin, Lynch’s lawyer, mentioned on the listening to. “Extradition shouldn’t be within the curiosity of justice and the allegations can pretty be tried right here.”

It’s the most recent chapter in a authorized saga that started shortly after the 2011 sale of Lynch’s Autonomy to Hewlett Packard. A 12 months after the sale, the Silicon Valley {hardware} big wrote down the worth of the deal by $8.8 billion.

Bailin mentioned that the UK’s Severe Fraud Workplace has “expressly reserved” its rights to prosecute Lynch within the UK if the extradition is refused. That is regardless of the SFO beforehand opening an investigation and shutting the case with none costs.

The US authorities opposed the applying to attraction. Its legal professionals mentioned that the “USA was integral to all elements of the alleged fraud” and that the extradition ought to proceed because it was predominantly US-based shareholders who have been victims of the fraud, in response to courtroom paperwork ready for the listening to.

Talking concerning the case, Thomas Garner, companion and extradition lawyer at legislation agency Fladgate: “Lynch seems to have reached the top of the highway.  It’s troublesome to see the Strasbourg Courtroom intervening on this case and it must be remembered that any software to Strasbourg can solely be based on slim human rights grounds – a lot of his argument within the UK was that the US was not the right discussion board for any trial.

 If an software is made to Strasbourg then he can even search an order successfully injuncting his removing to the US – such orders are very uncommon and are usually reserved for circumstances by which the Courtroom is worried that there’s an imminent a risk to life or ill-treatment amounting to torture or inhuman or degrading remedy.”

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