Elon Musk v Twitter trial date announced by judge

Elon Musk v Twitter trial date announced by judge

Elon Musk v Twitter trial date announced by judge: We now have a schedule for the trial that will take place in the Delaware Court of Chancery regarding Twitter’s lawsuit against Elon Musk for seeking to terminate his agreement to buy the firm for $44 billion. The complaint was filed by Twitter.

Elon Musk v Twitter trial date announced by judge

This past week, the Musk team recommended October 17 as the start date for the trial, and Twitter agreed to that date on the condition that it could be completed in five days or less. Now that an official schedule has been established, the trial will take place from the 17th through the 21st of October. The schedule was announced by Judge Kathaleen McCormick.

Despite the fact that the attorneys for each side initially fought over potential start dates for the trial — Twitter was seeking a trial in September, while Musk’s lawyers sought something in 2023 — there is now one aspect on which everyone can agree, and reporters can start scheduling their fall vacations in Delaware. If only it were so simple to reach a consensus on the amount of bot activity that Twitter experiences and the significance of having access to firehose data.

It is clear that sooner is preferable to later for Twitter given that the firm has already placed responsibility on Musk for causing uncertainty and leading to earnings figures for the second quarter of 2022 that were lower than those of the previous year. One more thing that you should be on the lookout for? In the extraordinary meeting that has been called for September 13 at 1 PM Eastern Time, Twitter’s shareholders are going to vote on the proposed acquisition (pdf). Normally, this sort of stuff would be considered ordinary, but practically everything else about this agreement has been highly odd thus far.

 

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