On Tuesday, Twitter won a motion for an expedited trial in its lawsuit against Elon Musk. After a hearing conducted via teleconference, Delaware Court of Chancery chancellor Kathaleen McCormick ruled in favor of an expedited 5 day trial in October.
Despite Musk s intentions to back out of the deal, Twitter is trying to enforce Musk's $44 billion acquisition of the company.
The legal squabble, which was tried in the Delaware Court of Chancery, stemmed from Musk's decision to end his $44 billion acquisition of Twitter.
In July, Musk sent a letter to Twitter chief legal officer Vijaya Gadde explaining why the billionaire believed his acquisition should no longer proceed. The lawyers said that Twitter failed to send Musk information that could help the executive calculate the number of spam and fraud accounts on its messaging service.
In late July, Twitter sued Musk and some of his associates over accusations that he refuses to honor his obligations to Twitter and its stockholders because the deal he signed no longer serves his personal interests. At the time, Twitter was hoping to start a 4 day trial in September.
Musk and his lawyers, however, later asked the court to deny Twitter's request for a fast trial. The billionaire and his lawyers want a court trial next year, alleging that Twitter initiated a sudden request for warp speed after two months of foot-dragging and obfuscation, according to a court filing.