Lawsuit between Twitter and businessman Elon Musk to settle dispute over acquisition social network It will begin on October 17 unless both parties agree on another date, according to lawsuit documents released Friday.
The judge handling the case in the Delaware court decided late Thursday that the hearing would be held from that day, after Twitter accepted a request for a speedy process in the face of Musk’s alleged adjournment of the case.
In mid-July, Judge Katheleen McCormick of the Delaware Court of Chancery ordered the trial to be held next October, initially lasting five days.
Earlier this month, Musk announced his intention to cancel the acquisition of the tech company, which was agreed between the two parties for 44,000 million, and the second party responded by filing a lawsuit in a court specializing in commercial disputes to force him to complete the operation.
Twitter’s board invited its shareholders to vote on the acquisition on Sept. 13 and asked them to greenlight the operation as a final step to shut it down, although it admitted it was tied to the “ongoing lawsuit” with the millionaire. .
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