Unlike some states where it can take several years to get a case to trial, Delaware Chancery Court generally moves quicker
witter wants a lightning-quick trial to resolve its claim that billionaire Elon Musk wrongfully cancelled his proposed $44bn buyout of the social-media platform.
. Chancery judges — business law experts — are known for being able to parse through the legal thickets of complex merger and acquisition disputes more quickly and thoroughly than other US courts. Even complex business cases are often argued before a judge within six or seven months of being filed. Musk and his lawyers didn’t immediately return emails Tuesday seeking comment on both the suit and whether the case can be tried on Twitter’s schedule. Musk did issue a tweet Tuesday, saying: “Oh the irony lol.”
Twitter’s legal team argues it can easily show in less than a week of court time that Musk didn’t have legitimate grounds to nix the $54.20-per-share buyout. Twitter shares closed at $34.06 on Tuesday.
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