Elon Musk tries to block Twitter’s request for quick trial

Elon Musk, through his lawyers, filed a motion with the Delaware Chancery Court to block Twitter’s request to speed up the process that could force the billionaire to buy the company.

Musk’s lawyers requested that Twitter’s “unjustifiable request” to rush the merger case to trial in two months be denied.

“Twitter’s sudden request for warp speed after two months of foot-dragging and obfuscation is its latest tactic to shroud the truth about spam accounts long enough to railroad defendants into closing, ‘Musk’s filing reads.

According to Musk’s lawyers, the dispute, which relates to fake and spam accounts, is fundamental to the value of Twitter and is factual and knowledgeable, arguing that it would take considerable time and calling for a trial date of February 13, 2023 or later.

Twitter sued Musk on Tuesday for failing to comply with the agreement enshrined in the deal, but Twitter hopes to finalize the lawsuit as soon as possible and the company requested the trial start in September because the merger agreement with Musk expires on October 25.

The request by Musk’s attorneys to begin the trial on February 13 could also affect the debt financing package committed by banks towards the deal. Should the case drag on beyond April, the deal could collapse eventually.

The sources for this piece include an article in Reuters.

IT World Canada Staff
IT World Canada Staff
The online resource for Canadian Information Technology professionals.

Would you recommend this article?


Thanks for taking the time to let us know what you think of this article!
We'd love to hear your opinion about this or any other story you read in our publication.

Jim Love, Chief Content Officer, IT World Canada

Featured Download

ITW in your inbox

Our experienced team of journalists and bloggers bring you engaging in-depth interviews, videos and content targeted to IT professionals and line-of-business executives.

More Best of The Web