Twitter’s Lawsuit: Musk appealed for February 2023 as the date for the trial

Image: Daily Trust

The legal team of the embattled billionaire Elon Musk has responded that the lawsuit against him, that Twitter speedy trial is unreasonable. The team demanded that the best date be pushed to next year, not as reported by Bloomberg earlier.

Twitter has pressured that the trial takes place in mid-September due to the fact that the merger agreement between Musk and Twitter was to take place on October 24, 2022, a date described as a “presumptive drop-dead date.” However, the billionaire’s legal team has asked that the trial be moved to February 13, 2023.

Twitter, on its part, has refused to comment on the matter; however, it held on to its initial complaint filed Tuesday.

Recall that the micro-blogging giant took up a legal suit against Elon Musk earlier this week. The reason for the lawsuit is that Musk tried to bail on his $44 billion agreement to acquire the company. When the information reached Twitter that Musk had decided to elope from the agreement, Twitter responded with a lawsuit. 

Speaking on the matter, the chairman of the board of Twitter, Bret Taylor, said Twitter would be suing Musk.

The Twitter Board is committed to closing the transaction on the price and terms agreed upon with Mr. Musk and plans to pursue legal action to enforce the merger agreement. We are confident we will prevail in the Delaware Court of Chancery.

— Bret Taylor (@btaylor) July 8, 2022

The company backed up its word with action by filing its lawsuit on Tuesday.

Twitter has filed a lawsuit in the Delaware Court of Chancery to hold Elon Musk accountable to his contractual obligations.

— Bret Taylor (@btaylor) July 12, 2022

Musk has refused to respond via the court until Friday; however, on Tuesday tweeted about the issue.

Oh the irony lol

— Elon Musk (@elonmusk) July 12, 2022

According to Musk’s legal team, who wrote last week stating the principal reason why the Tesla CEO wanted to pull the plug on the planned merger is that the tech giant has not released to him the data to “make an independent assessment of the prevalence of fake or spam accounts on Twitter’s platform.”

Musk’s team once more put forward the bots issue in their Friday filing, noting “the core dispute over false and spam accounts is fundamental to Twitter’s value. It is also extremely fact and expert intensive, requiring substantial time for discovery.”

Based on information from our sources, Bloomberg and Reuters, a 90-minute hearing will be coming up next week on July 19 at 11AM ET to decide when the trial will be. Meanwhile, we shall keep our fingers crossed as the legal battle unfolds.

theverge.com

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