Businessman Elon Musk has asked the US trade court to act quickly on Friday, when Twitter launched a legal battle to force it to buy the company for the $44,000 million they had agreed to.

Through his lawyers, Musk has officially responded to a Twitter request to resolve an “expedited” process in a lawsuit in September, arguing that there is no reason to “rush”. Wall Street Magazine.

Musk’s legal team “insisted that the dispute over fake and ‘spam’ accounts was fundamental to Twitter’s value.” He argued that “significant time” was required for the investigation and that it was “unnecessary” to keep a “dizzying schedule”.

Musk trial postponed

In this sense, the billionaire requests a lawsuit not before February 13, 2023, and draws attention to what funding has been provided. invoice valid until April of that year for the operation.

Judge Kathaleen McCormick, presiding over the case, has scheduled a hearing in Wilmington, Delaware, next Tuesday, local media reported.

Tesla’s founder notified the United States stock market regulator a week ago of his intention to cancel the purchase of Twitter, which both parties agreed in April, arguing that the platform deceived him and did not provide the data he requested.

fake account details

First of all, he was referring to data on the number of miscalculations or “spam” (“bots”) on the platform, which the company estimated at around 5%, but which he considered underestimated.

But Twitter complied with the threat of a legal war last Tuesday, accusing the businessman at the Delaware Chancery Court, which has trade disputes, of trying to get a judge to order him to continue the operation.

In its complaint, the company accused Musk of disqualifying him, changing its operations and devaluing its shareholders. Like other “contract loopholes” that hurt your business.

At the end of April, the Twitter board accepted Musk’s $44 billion takeover offer at $54.20 per share. This meant a significant premium over the then and current price.