LEGAL BATTLE: Judge fast-tracks Twitter versus Elon Musk trial to October

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Twitter can fast-track its lawsuit against billionaire Elon Musk over his cancelled $44-billion buyout of the social media platform.

Delaware Chancery Court Chief Judge Kathaleen St Jude McCormick ruled Tuesday that a five-day trial should take place in October. The decision is an early victory for Twitter, in a case in which many legal experts have said Musk will be an underdog.

The dispute over the teetering transaction is “creating a cloud of uncertainty” over Twitter that is harming the company, McCormick concluded after hearing arguments on whether the case should be fast-tracked. “The idea of running this case in 60 days [was] extraordinary,” he said of Twitter’s proposed September 19 trial start. “It’s a preposterous time frame.”

Source: Law Daily Report (lawdailyreport.net)

 

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