The Italian Sea Group Sues Widow of Mike Lynch for £399M Over Bayesian Yacht Sinking

The Italian Sea Group (TISG) has filed a €456M (£399M) lawsuit against Angela Bacares Lynch, widow of tech entrepreneur Mike Lynch, over the August 2024 sinking of the superyacht Bayesian off Sicily. TISG blames the crew and Revtom, the Isle of Man entity owned by Bacares Lynch, for the disaster that killed Lynch, his daughter, and five others. The claim, submitted in Termini Imerese, alleges crew negligence—including failure to close hatches and respond to weather warnings—caused the capsizing. TISG argues the yacht was "unsinkable" but suffered due to operator errors. It holds Revtom liable for crew actions and claims losses have devastated Perini Navi, its acquired shipbuilding brand, wiping out sales and investor interest. A UK investigation, however, identified design and stability flaws unknown to the crew, raising questions about the vessel’s construction. A family source called the suit “desperate and in bad faith,” aimed at deflecting scrutiny from TISG’s role. The company also previously sued The New York Times over reporting on the yacht’s design. Italian prosecutors are pursuing a separate criminal probe into the crew.