Elon Musk Responds to Twitter Lawsuit, Demands More Time to Prepare for Trial
Elon Musk Responds to Twitter Lawsuit, Demands More Time to Prepare for Trial
Elon Musk has responded to Twitter’s lawsuit attempting to force the Tesla C.E.O. to acquire the social media platform, telling the Delaware Court of Chancery that Twitter’s request to kick-start a trial in September would constitute an unreasonable and “unjustifiable” timeframe.As LegalReader.com has reported before, Twitter took legal action after Musk publicly stated that he had lost interest in following through on his $44 billion purchase of the social media company.According to ABC News, Twitter is seeking an expedited trial date in September, since the merger agreement was scheduled to be fulfilled by October.Alex Spiro, an attorney for Elon Musk, said that Twitter’s reference to an October deadline is inherently flawed and misrepresents the conditions of the acquisition.“Twitter’s bid for extreme expedition rests on the false premise that the Termination Date in the merger agreement is October 24, glossing over that this date is automatically stayed if either party files litigation. By filing its complaint, Plaintiff has rendered its supposed need for a September trial moot,” Spiro wrote in a Friday filing.The Delaware Court of Chancery will still determine whether Musk remains obliged to purchase Twitter.Musk says that Twitter has effectively violated the terms of the acquisition by refusing to disclose information about the number of “bot” and spam accounts active on the website.
Elon Musk in 2008. Photo by JD Lasica, via Flickr. CC BY 2.0
Sources
Elon Musk reacts to Twitter’s $44 billion lawsuitMusk demands months for prep in Twitter lawsuit: reports
About Ryan J. Farrick
Ryan Farrick is a freelance writer and small business advertising consultant based out of mid-Michigan. Passionate about international politics and world affairs, he’s an avid traveler with a keen interest in the connections between South Asia and the United States. Ryan studied neuroscience and has spent the last several years working as an operations manager in transportation logistics.