"The builder of the superyacht Bayesian, on which British technology entrepreneur Mike Lynch died, has launched a £400 million legal claim against his widow, alleging that the tragedy caused a catastrophic collapse in its sales. The Italian Sea Group (TISG) has filed a €456 million (£399 million) lawsuit in a Sicilian court, claiming that the yacht's crew and the vessel's holding company were responsible for the sinking and the resulting damage to the company's reputation and revenues. Lynch, the former chief executive of Autonomy, died alongside his teenage daughter Hannah and five others when the £30 million superyacht capsized during a violent storm off the coast of Sicily in August 2024. His wife, Angela Bacares Lynch, survived the incident and is the legal owner of Revtom, the Isle of Man-registered company that owned the vessel."
"According to the claim TISG alleges that the crew's "incompetence and negligence" led to the vessel capsizing, and that the company has since lost hundreds of millions of euros in prospective yacht sales after being blamed for the disaster. The lawsuit has been filed by TISG and GC Holding Company, owned by Italian yachting entrepreneur Giovanni Costantino, in a court in Termini Imerese, near the site of the sinking. It names Revtom, the yacht's captain James Cutfield, and crew members Timothy Eaton and Matthew Griffiths as defendants. The claim argues that the Bayesian was "unsinkable" but that the crew failed to shut hatches, heed weather warnings or lower the vessel's keel, causing it to capsize in high winds. It further alleges that Revtom is legally liable for the actions of those operating the yacht."
The Italian Sea Group (TISG) and GC Holding Company have filed a €456 million lawsuit in Sicily against Revtom, the yacht's captain and crew, alleging responsibility for the Bayesian's capsizing and consequent reputational and revenue losses. The claim accuses the crew of failing to shut hatches, heed weather warnings and lower the keel, causing the vessel to capsize in high winds. The August 2024 sinking during a violent storm killed Mike Lynch, his daughter Hannah and five others; his wife survived. TISG alleges the incident wiped out hundreds of millions in prospective yacht sales. UK Marine Accident Investigation Branch findings cited previously unknown vessel vulnerabilities.
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