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A key Delaware listening to has begun Tuesday afternoon within the case of Twitter (NYSE:TWTR) v. Musk et al., with no fewer than eight authorized points on the desk forward of a trial that is now much less than three weeks away that may set up what occurs with Elon Musk’s soured $44B deal to purchase the corporate.
Within the Delaware Courtroom of Chancery, Chancellor Kathaleen McCormick is listening to legal professionals for each side argue for some main discovery motions (three from all sides); a problem from Musk’s staff on confidentiality redactions; and Morgan Stanley’s (MS) opposition to a Twitter movement to compel manufacturing of paperwork.
Final Thursday, McCormick mentioned she would permit Musk to amend his counterclaim to herald info round Twitter’s (TWTR) $7.75M severance fee to whistleblower Peiter “Mudge” Zatko, although she mentioned she would give listening to to Twitter’s counter-request for extra discovery about early contacts between Musk and Zatko – a bid that Musk is resisting.
That and different discovery points are set to return up in Tuesday’s listening to, set for barely greater than three hours (and which can not lead to an instantaneous ruling).
Monday was set to carry some key developments with depositions of Musk and Twitter (TWTR) CEO Parag Agrawal, however each of these will come at a later date.
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