The judge overseeing the lawsuit between Twitter and Elon Musk has set a trial on Oct. 17 to force or not force the entrepreneur to buy the social network. Twitter filed a July 12 lawsuit in a Delaware court to force the world’s richest man to honor his end-April commitment to acquire him for $44 billion.
Four day trial
The platform has requested a fast track procedure from September to avoid extending the period of uncertainty that is partially paralyzing the company, and Elon Musk’s lawyers wanted the court fighting to start only next year. Kathleen McCormick, chairman of the commercial law tribunal, has already decided that the trial will take place in October and last five days.
In a document released Thursday evening, she detailed deadlines for various procedures ahead of the trial, which is due to take place from October 17 to 21. She writes there several times that the parties must cooperate “in good faith” to agree on how to exchange documents or organize testimony.
Twitter wants to force Elon Musk to buy shares
Elon Musk announced in April his intention to own the social network, but finally announced in early July that he was terminating the deal on the grounds that the San Francisco-based company allegedly lied about the proportion of automated accounts and spam on his plate. …
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