Big Law

A Judge Will Allow Twitter to Expedite Its Case Against Elon Musk

The Delaware Court of Chancery dealt a blow to Elon Musk on Tuesday when it agreed to let Twitter (TWTR) expedite its lawsuit against the billionaire. The Twitter lawsuit now is expected to go to trial in October.

Twitter made the request for a speedy trial to force Musk to complete a $44 billion takeover deal reached in April. Before canceling his purchase, Musk had agreed to buy the social media giant for $54.20 a share.

The Chancery Court judge set a five-day October trial for the lawsuit. Twitter had asked for a mid-September trial, while Musk asked for a trial date in February 2023.

Read the source article at investors.com

Leave a Review or Comment

Back to top button