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Musk resists Twitter in his dispute over the social network’s purchase

This content was published on Jul 30, 2022 – 01:33

Washington, July 29 (EFE). South African billionaire Elon Musk filed a countersuit against Twitter on Friday in the dispute that the two parties remain open about the resignation of the Tesla CEO to buy the social network after an agreement was announced at the end of April.

Musk has filed a counterclaim in Delaware court where the case is being heard, court documents show, although the content of the counterclaim remains classified.

A trial between Twitter and Musk to resolve the dispute over the social network’s purchase will begin on October 17 unless the two parties reach an agreement on another date, according to case documents also made public Friday.

The judge handling the case in Delaware court late Thursday ordered the trial to begin that day, after pre-approving Twitter’s request for the fast-track process in the face of Musk’s claim to delay it.

In mid-July, Judge Kathleen McCormick, of the Delaware District Court, decided that the trial would take place next October and initially last five days.

Musk had informed earlier this month of his intention to cancel the deal to buy the technology company, agreed between the two parties for 44 thousand million, to which the latter responded with a lawsuit in a court specialized in commercial disputes to force him to complete the process.

Twitter’s board called its shareholders to vote on the purchase on September 13 and asked them to green-light the process as a final step to shutting it down, though it admitted it also relied on “pending litigation” with the millionaire. EFE

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