Musk set to depose before Twitter lawyers ahead of Oct trial
San Francisco: Tesla and SpaceX CEO Elon Musk is set to oust Twitter lawyers earlier this week in a $44 billion takeover deal he terminated.
According to court filings, Benzinga reported, the removals are expected to take place from September 26 to 27 and could last until September 28 if needed.
The removal, before a full legal hearing on October 17 at Chancery Delaware Court in the US, will not be a public one.
Earlier, in a small victory for Tesla CEO Elon Musk, a US court allowed his legal team to bring a case that the severance payment was worth $7.75 million. to Peiter ‘Mudge’ Zatko, Twitter’s former chief of security, allowing him to end a $44 billion takeover. agree.
Judge Kathleen McCormick ruled last week that Musk could amend his counterclaims to include the payment to Zatko.
The ruling means Musk can use the Zatko payment for his argument for terminating the deal. Twitter did not object to the move, Barron’s reported.
Twitter is also looking into whether there is a connection between its former head of security and Musk.
Musk has said that the Twitter whistleblower’s testimony justifies his termination of a $44 billion deal to buy the microblogging platform.
Twitter shareholders voted to approve Musk’s acquisition amid a legal battle.
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Musk set to depose before Twitter lawyers ahead of Oct trial