Elon Musk and Twitter trial will start Oct. 17
PUBLISHED FRI, JUL 29 202212:00 PM EDTUPDATED FRI, JUL 29 20225:05 PM EDT
Lora Kolodny
https://www.cnbc.com/2022/07/29/the-elon-musk-twitter-trial-…
Twitter and Elon Musk will face off in Delaware Chancery Court on Oct. 17 if they don’t settle first.
The social networking company is suing Musk for pulling out of a $44 billion acquisition.
Musk, via his attorneys, has repeatedly accused Twitter of “resisting and thwarting” his right to information about the number of bot and spam accounts on the platform.
The Delaware judge who is deciding the case, Chancellor Kathaleen St. J. McCormick, advised Twitter’s and Musk’s attorneys of a number of aggressive deadlines to prepare for a possible trial. For example, Twitter and Musk need to serve initial discovery requests to third parties by Aug. 1, and must complete depositions by Sept. 29.
The judge also emphasized in a filing late Thursday that “discovery should not be requested or withheld in an effort to inflict unreasonable demands on or extract unreasonable benefits from the opposing party.”
Twitter’s attorneys had earlier expressed concern over Musk’s voluminous requests for information in filings to the court, pointing out that the centibillionaire once considered starting a rival service.