Elon Musk suffers a MAJOR setback in his Delaware court case with Twitter

Greg P. | 1:16 PM on July 19, 2022

Billionaire Elon Musk suffered a major setback this afternoon after Delaware Court of Chancery Chancellor Kathaleen S. McCormick ruled that the trial over his purchase of Twitter will take place in October, much sooner than Musk had wanted:

BREAKING:

"Delaware Chancellor Agrees to Fast-Track Twitter’s Contract Fight with Elon Musk, as Tech Giant Accuses Billionaire of ‘Attempted Sabotage’"

Trial will be slated for this October, far sooner than Musk wanted.

Developing, @LawCrimeNews https://t.co/O4gJR8YlYl

— Adam Klasfeld (@KlasfeldReports) July 19, 2022

Twitter’s lawyers accused Musk of trying to “sabotage” the deal and that he “invented” the “bot issue” to “manufacture an exit ramp that doesn’t exist”:

Twitter's argument in short:

Elon Musk is trying to "sabotage" the company, takes every opportunity to "trash" us and "invented" the bot issue to manufacture an exit ramp that doesn't exist.

And he should be forced to buy and own us, just as the deal specified.

— Adam Klasfeld (@KlasfeldReports) July 19, 2022

Musk’s lawyers had argued the “schedule is completely unjustifiable”:

In the Delaware Court of Chancery, Quinn Emanuel's Andy Rossman, who is representing Elon Musk, addresses Twitter's proposed timetable:

"The schedule is completely unjustifiable."

— David Gura (@davidgura) July 19, 2022

Ouch. “Mr. Musk has made perfect clear he has no intention of keeping any of his promises”:

Arguing Twitter's lawsuit against Elon Musk should be expedited, Wachtel Lipton's William Savitt says, "Mr. Musk has made perfect clear he has no intention of keeping any of his promises."

— David Gura (@davidgura) July 19, 2022