A decide dominated that Twitter’s case in opposition to Elon Musk can transfer to trial in October, in a victory for the corporate because it tries to resolve its expensive battle with Musk as rapidly as doable.
Twitter sued Musk earlier this month, after the billionaire tried to stroll away from a $44 billion acquisition provide he made in April. Musk shot again by claiming that Twitter had failed to supply him with satisfactory details about pretend accounts, or “bots,” on the positioning, giving him license to renege on the deal.
Kathaleen McCormick, the chancellor of the Delaware Court docket of Chancery, dominated Tuesday that the case would go to trial in October, solely barely later than Twitter had requested, saying that an prolonged trial schedule just like the one Musk’s group prompt might trigger “irreparable hurt” to the corporate.
The ruling was excellent news for Twitter, which claimed in court docket filings that dragging out the extremely public dispute—which, sarcastically, has performed out on Twitter—was damaging its backside line. Musk, in the meantime, had hoped to increase the timeline with a view to delve into the bots subject extra deeply.
In fiery oral arguments Tuesday, Twitter’s counsel accused Musk of making an attempt to “run out the clock” on the deal by suggesting a 10-day trial in February 2023.
“We suspect Mr. Musk desires to delay this trial lengthy sufficient to ever actually face a reckoning,” stated legal professional Invoice Savitt.
Musk, he added, knew full nicely that justice delayed might be justice denied. Actually, he stated, “he’s banking on it to wriggle out of the deal he signed.”
Savitt additionally accused Musk of making an attempt to “sabotage” Twitter by relentlessly tweeting concerning the firm and even suggesting that the SEC examine it. Twitter was already struggling to retain employees due to the drama over the deal, Savitt stated, and Musk’s “drumbeat of assaults” was solely making issues worse.
