Twitter officials are ready to postpone the hearing on the
Software

Twitter officials are ready to postpone the hearing on the Elon Musk deal but are demanding it be completed in five days

Judge Kathaleen McCormick originally intended to schedule a hearing on October 10 into the dispute between Twitter and Elon Musk, but officials from the latter insist they will need more time to gather evidence and are asking for the meeting to be postponed until October 10 October 17th. The second side is ready to agree to this, but only if Elon Musk’s representatives do not intervene to complete the process within five days.

    Image source: Tesla

Image source: Tesla

Representatives of Twitter, for their part, reject Elon Musk’s allegations that he intentionally failed to submit the documents requested by the accused. On the contrary, Twitter blames the other side of the dispute for artificially delaying preparations for a hearing on a failed deal that would see Elon Musk acquire Twitter assets at $54.20 per share.

Social Media Lawyers think it’s possible agree to postpone the start of the trial from October 10 to October 17, but the defendant must provide guarantees that he will not interfere with the conclusion of the case within five days. Recall that Elon Musk initially requested, through his lawyers, that the case not be reviewed until February next year at the earliest, but this week he agreed to delay the start of the meeting until October 17 in order to obtain the necessary documents for the collect remaining time before this milestone.

According to the plaintiff’s representatives, Elon Musk’s side must guarantee the lack of intentions to prevent the case from being considered within five days, since the former are convinced of it “Musk’s goal remains to delay the process, which will not allow the implementation of the court ruling and the fulfillment of the obligations assumed under the agreement.”. The company is confident that the court can force Elon Musk to buy its assets on the terms agreed in April and has therefore scheduled a shareholder vote for September 13 to approve the initial parameters of the transaction.

RELATED TOPICS

About the author

Robbie Elmers

Robbie Elmers is a staff writer for Tech News Space, covering software, applications and services.

Add Comment

Click here to post a comment