Delaware Chancery Court
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Elon Musk Expected to Go Ahead With $54.20 a Share Twitter Deal: Report
Billionaire Elon Musk is expected to propose going ahead with his takeover of Twitter at $54.20 per share, a Bloomberg news reporter tweeted on Tuesday.
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Elon Musk Prepares Himself for the Judgement Against Twitter Ahead of October 17 Trial
Twitter wants a Delaware court to order Elon Musk to buy the social media service for $44 billion (nearly Rs. 3,60,000 crore), as he promised back in April. The Tesla billionaire's reputation for dismissing government pronouncements has some worried that he might flout an unfavourable ruling of the Delaware Court of Chancery, known for its handling...
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Elon Musk Accuses Twitter of Fraud for Concealing Serious Security Flaws in Amended Lawsuit: Report
Elon Musk has accused Twitter of fraud by concealing serious flaws in the social media company's data security. Following the allegations made by a Twitter whistleblower, Musk amended his previously filed lawsuit against the firm. The Twitter whistleblower accused Twitter of knowingly allowing the Indian and Chinese governments to place its "agents...
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Elon Musk Subpoenas Former Twitter Head Jack Dorsey; Requests Court to Dismiss Lawsuit
Elon Musk has subpoenaed Twitter co-founder and former head Jack Dorsey to seek relevant information about the effect of spam accounts on the social media firm’s business. The billionaire has also sought to get Twitter’s lawsuit against him dismissed at Delaware's Chancery Court.
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Elon Musk Could Struggle with Banks, His Twitter Deal Escape Hatch, Experts Say
Elon Musk has an escape hatch in the form of the banks that agreed to finance his $44 billion (roughly Rs. 3,37,465 crore) Twitter takeover deal, but experts say that these financial institutions could face long legal odds. The Tesla CEO was sued by Twitter, which has asked the Delaware Court of Chancery to force him to complete the transaction. He...
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Elon Musk Seeks To Block Twitter Request For Expedited Trial
Musk's lawyers, in papers filed with the Delaware Chancery Court, said Twitter's "unjustifiable request" to rush the merger case to trial in two months should be rejected.
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Twitter Agreeable to October 17 Elon Musk Trial, Wants Commitment to Complete Trial in 5 Days
Twitter on Wednesday said it wanted a commitment that the trial over the Elon Musk’s bid to walk away from his $44 billion (roughly Rs. 3,37,465 crore) takeover deal would be completed in five days, while stating that it does not object to a Musk's proposed October 17 date for the trial to begin. In a court filing, the microblogging service state...
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Elon Musk Asks Judge to Schedule Twitter Trial Starting October 17, Direct Firm to Produce ‘Core Documents’
Elon Musk has written to the chief judge on Delaware's Court of Chancery, asking for the Twitter takeover trial to begin on October 17, instead of a week earlier as requested by Twitter. The letter to the judge also asked that Twitter be ordered to immediately produce what it called "core documents," along with all raw data by August 1, and to requ...
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Twitter Gets Fast-Tracked Elon Musk Trial Over $44 Billion Deal; Delay Threatens Irreparable Harm, Judge Says
Twitter on Tuesday won a bid to expedite its trial against Elon Musk, seeking to hold the Tesla CEO to his $44 billion (roughly Rs. 3,51,800 crore) takeover of the microblogging service. The Court of Chancery in Delaware said that the social media company deserved a quick resolution of the deal's uncertainty. Musk had pushed for a trial in February...
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Twitter to Face First Test in Legal Battle With Elon Musk Over Bid for Fast-Track Trial
Twitter will face its first test in the legal battle with Tesla CEO Elon Musk, over his $44 billion (roughly Rs. 3,51,500 crore) takeover of the microblogging service, as the Delaware Court of Chancery will weigh the company's request for a fast-tracked trial. The company says it wants to resolve months of uncertainty for its business as Musk tries...
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Elon Musk Expected to Go Ahead With $54.20 a Share Twitter Deal: Report
Billionaire Elon Musk is expected to propose going ahead with his takeover of Twitter at $54.20 per share, a Bloomberg news reporter tweeted on Tuesday.
-
Elon Musk Prepares Himself for the Judgement Against Twitter Ahead of October 17 Trial
Twitter wants a Delaware court to order Elon Musk to buy the social media service for $44 billion (nearly Rs. 3,60,000 crore), as he promised back in April. The Tesla billionaire's reputation for dismissing government pronouncements has some worried that he might flout an unfavourable ruling of the Delaware Court of Chancery, known for its handling...
-
Elon Musk Accuses Twitter of Fraud for Concealing Serious Security Flaws in Amended Lawsuit: Report
Elon Musk has accused Twitter of fraud by concealing serious flaws in the social media company's data security. Following the allegations made by a Twitter whistleblower, Musk amended his previously filed lawsuit against the firm. The Twitter whistleblower accused Twitter of knowingly allowing the Indian and Chinese governments to place its "agents...
-
Elon Musk Subpoenas Former Twitter Head Jack Dorsey; Requests Court to Dismiss Lawsuit
Elon Musk has subpoenaed Twitter co-founder and former head Jack Dorsey to seek relevant information about the effect of spam accounts on the social media firm’s business. The billionaire has also sought to get Twitter’s lawsuit against him dismissed at Delaware's Chancery Court.
-
Elon Musk Could Struggle with Banks, His Twitter Deal Escape Hatch, Experts Say
Elon Musk has an escape hatch in the form of the banks that agreed to finance his $44 billion (roughly Rs. 3,37,465 crore) Twitter takeover deal, but experts say that these financial institutions could face long legal odds. The Tesla CEO was sued by Twitter, which has asked the Delaware Court of Chancery to force him to complete the transaction. He...
-
Elon Musk Seeks To Block Twitter Request For Expedited Trial
Musk's lawyers, in papers filed with the Delaware Chancery Court, said Twitter's "unjustifiable request" to rush the merger case to trial in two months should be rejected.
-
Twitter Agreeable to October 17 Elon Musk Trial, Wants Commitment to Complete Trial in 5 Days
Twitter on Wednesday said it wanted a commitment that the trial over the Elon Musk’s bid to walk away from his $44 billion (roughly Rs. 3,37,465 crore) takeover deal would be completed in five days, while stating that it does not object to a Musk's proposed October 17 date for the trial to begin. In a court filing, the microblogging service state...
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Elon Musk Asks Judge to Schedule Twitter Trial Starting October 17, Direct Firm to Produce ‘Core Documents’
Elon Musk has written to the chief judge on Delaware's Court of Chancery, asking for the Twitter takeover trial to begin on October 17, instead of a week earlier as requested by Twitter. The letter to the judge also asked that Twitter be ordered to immediately produce what it called "core documents," along with all raw data by August 1, and to requ...
-
Twitter Gets Fast-Tracked Elon Musk Trial Over $44 Billion Deal; Delay Threatens Irreparable Harm, Judge Says
Twitter on Tuesday won a bid to expedite its trial against Elon Musk, seeking to hold the Tesla CEO to his $44 billion (roughly Rs. 3,51,800 crore) takeover of the microblogging service. The Court of Chancery in Delaware said that the social media company deserved a quick resolution of the deal's uncertainty. Musk had pushed for a trial in February...
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Twitter to Face First Test in Legal Battle With Elon Musk Over Bid for Fast-Track Trial
Twitter will face its first test in the legal battle with Tesla CEO Elon Musk, over his $44 billion (roughly Rs. 3,51,500 crore) takeover of the microblogging service, as the Delaware Court of Chancery will weigh the company's request for a fast-tracked trial. The company says it wants to resolve months of uncertainty for its business as Musk tries...
