Judge sets date and deadline for Twitter lawsuit against Elon Musk

20 July 2022, 01:39 | Technologies
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The court ruled that Twitter's lawsuit against Elon Musk over their agreement to acquire the social network for $44 billion must be heard in October within five days, according to CNN.

The decision was made following the meeting on the advisability of considering the case in an expedited mode.

Twitter lawyers asked to set the trial for September and convinced that they could prove in four days that Musk should be forced to comply with the agreement and pay $ 54.20 per share of Twitter.

Musk's legal team opposed the motion..

Today's hearings were emotional, the newspaper writes.. A lawyer for Twitter in favor of an expedited trial said that "

Musk's team proposed to take the dispute to court early next year.

“We do not ask for years, instead we offer a quick and reasonable schedule,” the billionaire’s lawyers said..

As a result, Delaware Court of Chancery Judge Kathleen St. Jude McCormy said that Musk's side "

The Court of Chancery of Delaware, home to a significant portion of U.S. public companies, is renowned for being able to navigate the legal thicket of complex M\u0026A disputes faster than other U.S. courts.. Unlike some states, where bringing a case to court can take several years, the Delaware Court of Chancery tends to work faster and hear cases within a few months of being presented..



As previously reported, Twitter lawyers filed a lawsuit against Tesla CEO, SpaceX founder Elon Musk last week..

Musk's lawyers have filed a motion to block a fast-track trial for the Twitter purchase, which representatives of the social network insisted on..

Musk previously told the social network management that he is terminating the agreement to buy Twitter in the amount of $ 44 billion.. In a statement, Musk's lawyers said Twitter refused to respond to multiple inquiries about the number of spambot accounts on the social network, which is "




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