Elon Musk asked a judge to schedule a five-day trial beginning Oct. 17, not Oct. 10 as requested by Twitter, to resolve his bid to walk away from his US$44 billion deal to acquire the social media platform, according to a court filing on Tuesday.
A lawyer for Musk, the world's richest person, said he was writing to ask the judge to "break the impasse to allow things to move forward promptly."Chancellor Kathaleen McCormick, the chief judge on Delaware's Court of Chancery, last week ordered an October trial, which promises to be one of the biggest Wall Street legal fights in years. However, she left it to the parties to work out the precise schedule.
Musk, who is the chief executive of electric vehicle maker Tesla, had requested a February trial, which he said provided the time he needed for a thorough investigation of fake accounts on Twitter. He said the company misrepresented its user numbers and therefore breached the merger agreement, allowing him to walk away.
The company, which had requested a September trial, said the fake account issue was a distraction and deal terms require Musk to pay up. The Musk letter also asked the judge to order Twitter to immediately produce what it called "core documents," require Twitter to produce all raw data by Aug. 1 and require the company to produce documents within 18 days of a request.
Musk accused Twitter of refusing to immediately provide documents such as manuals and policies regarding active daily user calculations and artificial intelligence and "all items in the data room."
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Elon Musk asks judge for Twitter trial on Oct. 17, not Oct. 10Elon Musk asked a judge to schedule a five-day trial beginning Oct. 17, not Oct. 10
Read more »
Opinion | Why Twitter has the upper hand in its lawsuit against Elon MuskIt didn’t take long for Twitter to accuse Musk of wanting to break the contract because the value of tech companies had dropped significantly. Twitter has the upper hand in its lawsuit against Elon Musk. Opinion by AlistairVigier
Read more »
'Nothing romantic': Elon Musk denies affair with wife of Google co-founder Sergey BrinA Wall Street Journal report alleges that the Tesla founder and Nicole Shanahan had a short\u002Dlived relationship. Read more here
Read more »
'Nothing romantic': Elon Musk denies affair with wife of Google co-founder Sergey BrinA Wall Street Journal report alleges that the Tesla founder and Nicole Shanahan had a short\u002Dlived relationship. Read more here
Read more »
Elon Musk denies affair with Sergey Brin's wife Nicole ShanahanElon Musk has denied having an affair with Nicole Shanahan, the wife of Google's co-founder, Sergey Brin.
Read more »
Elon Musk denies report of affair with Google co-founder’s wife\u0027I\u0027ve only seen Nicole twice in three years, both times with many other people around. Nothing romantic\u0027
Read more »