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Twitter files suit against Elon Musk in Delaware court to enforce buyout deal

Teslarati

On Tuesday, July 12, Twitter officially filed a lawsuit against Elon Musk in the Delaware Court of Chancery. ” Twitter has filed a lawsuit in the Delaware Court of Chancery to hold Elon Musk accountable to his contractual obligations. The company aims to force Musk to finalize his $44 billion deal.

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Elon Musk’s legal team: Twitter ordered whistleblower to destroy evidence

Teslarati

Elon Musk’s legal team threw some allegations against Twitter in a recent filing, with the Tesla CEO’s camp alleging that the social media company had ordered whistleblower Peiter “Mudge” Zatko, its former head of security, to destroy evidence as part of his severance package. Judge Kathaleen St. per share. .

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Twitter pursues legal action to ensure Elon Musk seals $44B deal

Teslarati

Twitter Board Chairman Bret Taylor announced that the social media company would pursue legal action to ensure Elon Musk seals his $44 billion deal. Inside sources told Reuters that Twitter plans to file a lawsuit this week in Delaware. The social media company intends to force Musk to complete the merger through legal action.

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Tesla shareholders to fight huge attorney fee in Musk pay case

Teslarati

Tesla shareholders are set to head to court this week to fight against attorney requests for billions in legal fees, as part of the case in which a Delaware judge voided CEO Elon Musk’s $56 billion compensation plan earlier this year. billion at Tesla’s Friday stock price. The system is broken.

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Elon Musk formally moves to terminate Twitter’s $44 billion acquisition

Teslarati

In a letter , Musk’s legal team stated that despite the Tesla CEO’s requests for critical data on the social media platform’s users, Twitter had been uncooperative. The Twitter Board is committed to closing the transaction on the price and terms agreed upon with Mr. Musk and plans to pursue legal action to enforce the merger agreement.

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Nine states and DC to design regional approach to cap greenhouse gas emissions from transportation

Green Car Congress

The participants intend this program to be implemented on a regional basis after a critical mass of Northeast and Mid-Atlantic states have completed the legal processes to implement the agreed upon pricing mechanism. —Transportation & Climate Initiative Statement.

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Lordstown Motors files for Chapter 11, sues Foxconn; selling off Endurance electric pickup

Green Car Congress

Jefferies is acting as financial advisor to the Company, and White & Case LLP is acting as legal counsel. The litigation accuses Foxconn of fraud and willful and consistent failure to live up to its commercial and financial commitments to Lordstown. Earlier post.)

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