Tech & Startup

Elon Musk asks court to delay his Twitter lawsuit trial

Elon Musk Twitter
Musk wants to delay the trial to February 2023. Illustration: Zarif Faiaz/Toggle

Elon Musk has asked a Delaware court to push back his $44 billion Twitter lawsuit trial until next year. The trial is scheduled to be held in September.

In a court document cited by US media, Musk's lawyers accuse Twitter's board of directors of wanting to expedite the case.

Last week, Twitter sued Musk for breaching the contract he signed to buy the tech firm, calling his exit strategy "a model of hypocrisy". The suit filed in the US state of Delaware urges the court to order the billionaire to complete his deal to buy Twitter, arguing that no financial penalty could repair the damage he has caused.

The social media giant wants to hold the trial in September so as not to prolong the period of uncertainty currently threatening the company.
But Musk asked that the trial not start before February 13, citing the complexities involved.

Musk's lawyers did not immediately respond to a request by AFP for comment.

The billionaire had agreed to buy Twitter at the end of April.

But after weeks of threats, Musk last week tried to pull the plug on the deal, accusing Twitter of "misleading" statements about the number of fake accounts.

That set the stage for a potentially lengthy court battle with Twitter, which has defended its fake account oversight and vowed to force Musk to complete the deal, which contained a $1 billion breakup fee.

The social network says the number of fake accounts is less than 5% - a figure challenged by Musk, who says he believes the percentage is much higher.

His lawyers say proving that will require analyzing mountains of data.

A preliminary hearing is scheduled this week in a business law court in Delaware.

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Elon Musk asks court to delay his Twitter lawsuit trial

Elon Musk Twitter
Musk wants to delay the trial to February 2023. Illustration: Zarif Faiaz/Toggle

Elon Musk has asked a Delaware court to push back his $44 billion Twitter lawsuit trial until next year. The trial is scheduled to be held in September.

In a court document cited by US media, Musk's lawyers accuse Twitter's board of directors of wanting to expedite the case.

Last week, Twitter sued Musk for breaching the contract he signed to buy the tech firm, calling his exit strategy "a model of hypocrisy". The suit filed in the US state of Delaware urges the court to order the billionaire to complete his deal to buy Twitter, arguing that no financial penalty could repair the damage he has caused.

The social media giant wants to hold the trial in September so as not to prolong the period of uncertainty currently threatening the company.
But Musk asked that the trial not start before February 13, citing the complexities involved.

Musk's lawyers did not immediately respond to a request by AFP for comment.

The billionaire had agreed to buy Twitter at the end of April.

But after weeks of threats, Musk last week tried to pull the plug on the deal, accusing Twitter of "misleading" statements about the number of fake accounts.

That set the stage for a potentially lengthy court battle with Twitter, which has defended its fake account oversight and vowed to force Musk to complete the deal, which contained a $1 billion breakup fee.

The social network says the number of fake accounts is less than 5% - a figure challenged by Musk, who says he believes the percentage is much higher.

His lawyers say proving that will require analyzing mountains of data.

A preliminary hearing is scheduled this week in a business law court in Delaware.

Comments

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