Tesla CEO Elon Musk has reportedly filed a lawsuit against Twitter’s request to speed up the legal process regarding its decision to abandon its $44 billion deal to acquire the social media giant.
Guardian Tesla CEO Elon Musk has reportedly filed a lawsuit against Twitter’s request to speed up legal proceedings regarding Musk’s decision to withdraw the $44 billion acquisition deal on Twitter. On Friday, Musk’s lawyers filed a lawsuit in the Delaware Chancery Court, saying Twitter’s “wrongful request” to speed up the case two months later should be dismissed.
Twitter recently sued Musk over its decision to end the acquisition deal. Twitter law firm Wachtell has taken Lipton, Rosen & Katz LLP into what seems like a precautionary step because the move gives them access to attorneys like William Savitt and Leo Stryn, who are serving as Delaware court clerks at the location of the hearing. . held. A business. .
Musk reportedly hired Quinn Emanuel Urquhart & Sullivan LLP as his legal representative on the matter. The company previously filed a successful defamation lawsuit in 2019 and represented Musk in an ongoing shareholder lawsuit in 2018 for not privatizing Tesla.
Twitter has requested that its corporate contract with Musk expire on October 25, 2022, and legal proceedings begin in September. Musk said in a statement: the truth about spam accounts is long enough to force respondents to shut down. ”
Musk’s lawyers argued that the platform’s bot account discussion was crucial to Twitter’s value and required a lot of factual and expert knowledge. Lawyers said the disclosure took significant time and requested a hearing date of February 13, 2023 or later.
read more too Guardian here.
Source: Breitbart
