Judge in Twitter v. Musk made rare ruling: ordering a deal to close

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Judge in Twitter v. Musk made rare ruling: ordering a deal to close
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Kathaleen McCormick described her ruling as \u0027chalking up a victory for deal certainty,\u0027 Read on.

Kathaleen McCormick took over the role of chancellor or chief judge of the Court of Chancery last year, the first woman in that role. On Wednesday, she was assigned the Twitter lawsuit which seeks to force Musk to complete his deal for the social media platform, which promises to be one of the biggest legal showdowns in years.

“We’ve always had each other’s backs, we’ve always gone out for drinks after arguments and maintained this level civility,” she told a gathering at the University of Delaware this year. Last year, McCormick got the attention of Wall Street dealmakers by ordering an affiliate of private equity firm Kohlberg & Co LLC to close its US$550 million purchase of DecoPac Holding Inc, which makes cake decorating products.Article content

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