Judge says Musk, Twitter trial will take place in October

Published by
Peter Kavinsky

The Delaware Court of Chancery says Elon Musk’s Twitter deal will go to court in October.

Twitter filed a lawsuit against Musk last week to force him to make good on his deal to buy Twitter. In a suit, the company’s lawyers said Musk is walking away from the deal because it “no longer serves his personal interests.”

Twitter’s lawyers asked the court to expedite the trial to September, while Musk’s representatives wanted to push the date to 2023.

“The reality is that delay threatens the risk of irreparable harm. We should go to trial in October of this year,” Chancellor Kathaleen St. Jude McCormick said in her decision, dismissing any chance the trial would be delayed to 2023.

The world’s richest man announced he was going to buy the social media company earlier this year before making attempts to walk away, citing the company has been “in material breach” of commitments it made.

“For nearly two months, Mr. Musk has sought the data and information necessary to ‘make an independent assessment of the prevalence of fake or spam accounts on Twitter’s platform,'” a letter to the U.S. Securities and Exchange Commission (SEC) from Musk’s legal team says.

Source: Delaware Court of Chancery Via The Independent 

Source: MobileSyrup

Peter Kavinsky

Peter Kavinsky is the Executive Editor at cablefreetv.org

Recent Posts

  • News

Anthony Hopkins Calls NFT ‘Art in a New Format’ – CableFree TV

Like celebrities and athletes alike dive into the cryptosphere to support tokens or companies, others…

6 mins ago
  • News

woman confused and killed while walking

FABRIANO - Investments mortal on Via Don Minzoni di Fabriano: 62-year-old woman died. She was…

7 mins ago
  • News

Russia must withdraw from the ZNPP area without conditions and as soon as possible

Only absolute transparency and manageability of the situation at the ZNPP and around it can…

8 mins ago
  • News

Apple Manufacturing in China: Is Apple Manufacturing Leaving China? | Click | Technology at Caracol Radio

Newspaper NipponJapanese media in Spanish announced that the Chinese company Luxsher Accuracy and Taiwanese Foxconn…

12 mins ago
  • News

Atlético turn down United’s £130m offer for Joao Felix | Sports

Atlético de Madrid have rejected Manchester United's €130m bid for Joao Felix, according to AS…

14 mins ago
  • News

Andrea Spendolini-Sirieix wins European Championship platform gold

British diver Andrea Spendolini-Sirieix followed her success at the Commonwealth Games by taking the podium…

15 mins ago