Elon Musk’s legal team has responded to Twitter’s lawsuitMusk’s team countered him by stating that Musk is asking for a very fast trial. In response, Musk’s team asks that the case not be heard until next year, According to Bloomberg.
Twitter Has pushed for the trial to take place in mid-September, justifying the request to expedite things given that Musk and Twitter’s merger agreement has an October 24th “presumptive drop-dead date.” However, Musk’s team is asking that the trial not be held until February 13th, 2023 trial at the earliest, Bloomberg reports.
Twitter declined to comment and referred to the initial complaint it filed Tuesday.
Twitter sued Musk this week, after he had posted the following: Officially tried to bailOn his $44 billion purchase agreement. Bret Taylor, chairman of Twitter Board, announced that the company would be purchased almost immediately after he stated he was pulling the plug. Musk in courtThe company then filed its lawsuit on Tuesday. Musk hadn’t responded via the court until Friday, though on Tuesday, He did tweet.
Musk’s primary assertion for wanting to terminate the merger is that Twitter has not given him the data to “‘make an independent assessment of the prevalence of fake or spam accounts on Twitter’s platform,” his legal team wrote last week. His team again invoked the bots issue in Friday’s filing. According to The Wall Street Journal, they said that “the core dispute over false and spam accounts is fundamental to Twitter’s value. It is also extremely fact and expert intensive, requiring substantial time for discovery.”
According to the court, there will be an hour-long hearing on July 19th at 11AM ET. The hearing will decide when the trial will happen. Bloomberg And Reuters.