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Elon Musk asks court to delay Twitter trial start to February 2023

 1 year ago
source link: https://finance.yahoo.com/news/elon-musk-twitter-complaint-174032542.html
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Elon Musk asks court to delay Twitter trial start to February 2023

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Elon Musk asks court to delay Twitter trial start to February 2023

Igor Bonifacic
·Weekend Editor
Sun, July 17, 2022, 2:40 AM·1 min read
4117fbb0-b7b0-11eb-8ffd-92759598dadd
Michele Tantussi / reuters

Elon Musk’s lawyers allege Twitter is pushing for an unreasonably fast trial over allegations the Tesla and SpaceX CEO improperly ended his $44 billion bid to buy the social media platform, reports Bloomberg. “Twitter’s sudden request for warp speed after two months of foot-dragging and obfuscation is its latest tactic to shroud the truth about spam accounts long enough to railroad defendants into closing,” Musk’s legal team wrote in a complaint filed Friday in response to Twitter’s July 12th lawsuit.

The two sides are pushing for the case to be considered on dramatically different timelines. Noting the deal has an October 24th “drop-dead date,” Twitter asked for a four-day trial that would conclude before the end of September. Meanwhile, Musk’s team says the case should go to trial no sooner than February 13th, 2023.

“The core dispute over false and spam accounts is fundamental to Twitter’s value,” Musk’s lawyers wrote, reiterating the billionaire’s claim that Twitter falsely represented the volume of bots on its platform. “It is also extremely fact and expert intensive, requiring substantial time, requiring substantial time for discovery.”

Thankfully, neither side will have to wait long to find out when proceedings start. On Friday, Delaware Chancery Court Judge Kathaleen McCormick scheduled a 90-minute hearing for July 19th. The session will see McCormick hear arguments for a September trial.

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