{"id":7492,"date":"2022-07-21T10:00:53","date_gmt":"2022-07-21T10:00:53","guid":{"rendered":"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/us-judge-sets-october-trial-to-settle-musk-cancellation-of-44bln-twitter-purchase"},"modified":"2022-07-21T10:25:27","modified_gmt":"2022-07-21T10:25:27","slug":"us-judge-sets-october-trial-to-settle-musk-cancellation-of-44bln-twitter-purchase","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/us-judge-sets-october-trial-to-settle-musk-cancellation-of-44bln-twitter-purchase","title":{"rendered":"US Judge Sets October Trial to Settle Musk Cancellation of $44Bln Twitter Purchase"},"content":{"rendered":"

Africa-Press – Sierra-Leone. <\/strong><\/span>Delaware Chancery Court Judge Kathaleen McCormick on Tuesday recommended a five-day trial in October to settle social media company Twitter\u2019s lawsuit against entrepreneur Elon Musk for attempting to cancel his $44 billion acquisition deal of the platform.<\/p>\n

Lawyers representing Twitter argued during the hearing for an expedited schedule placing the trial in mid-September. Musk\u2019s legal team instead proposed a longer trial in February, which they still consider to be expedited. The extra time is needed to prepare discovery and depositions for the trial given the complex nature of the case, Musk\u2019s lawyers said.<\/p>\n

McCormick\u2019s ruling falls closer to Twitter\u2019s proposals, with the judge arguing that Musk\u2019s legal team underestimates the ability of the court to work through complex cases. McCormick said that she has every confidence that the lawyers on both sides will rise to the challenge of the case.<\/p>\n

Twitter launched a lawsuit against Musk in response to his attempts to cancel the $44 billion purchase of the social media company over concerns about the number of bot accounts on the platform.<\/p>\n

Musk\u2019s team strongly believes that the proportion of spam and fake accounts is higher than the 5% the company reported as a basis for the deal. However, Twitter\u2019s lawyers addressed Musk\u2019s claims by arguing that the company made clear that the 5% figure and the process used to determine it could be flawed.<\/p>\n

Twitter\u2019s legal team suggested that Musk may have been trying to delay the trial in order to wear down the company\u2019s business and continue putting them under pressure through media attention.<\/p>\n

Musk in April initially agreed to purchase the company in a deal valued at approximately $44 billion. The takeover was approved by Twitter\u2019s Board of Directors in June, but Musk attempted to terminate the deal in early July, prompting the lawsuit by Twitter to compel the entrepreneur to follow through on his purchase.<\/p>\n

For More News And Analysis About Sierra-Leone<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Sierra-Leone. Delaware Chancery Court Judge Kathaleen McCormick on Tuesday recommended a five-day trial in October to settle social media company Twitter\u2019s lawsuit against entrepreneur Elon Musk for attempting to cancel his $44 billion acquisition deal of the platform. Lawyers representing Twitter argued during the hearing for an expedited schedule placing the trial in […]<\/p>\n","protected":false},"author":84,"featured_media":7491,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,8,9],"tags":[291,293,292],"class_list":["post-7492","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-homepage-english","category-miscellaneous","tag-africa-press","tag-africa-press-sierra-leone","tag-sierra-leone"],"yoast_head":"\nUS Judge Sets October Trial to Settle Musk Cancellation of $44Bln Twitter Purchase - Sierra Leone<\/title>\n<meta name=\"description\" content=\"Delaware Chancery Court Judge Kathaleen McCormick on Tuesday recommended a five-day trial in October to settle social me ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/us-judge-sets-october-trial-to-settle-musk-cancellation-of-44bln-twitter-purchase\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"US Judge Sets October Trial to Settle Musk Cancellation of $44Bln Twitter Purchase\" \/>\n<meta property=\"og:description\" content=\"Delaware Chancery Court Judge Kathaleen McCormick on Tuesday recommended a five-day trial in October to settle social me ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/us-judge-sets-october-trial-to-settle-musk-cancellation-of-44bln-twitter-purchase\" \/>\n<meta property=\"og:site_name\" content=\"Sierra Leone\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-07-21T10:00:53+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-07-21T10:25:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/sierra-leone\/sites\/16\/2022\/07\/postQueueImg_3-62d9297d54b26.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/us-judge-sets-october-trial-to-settle-musk-cancellation-of-44bln-twitter-purchase#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/us-judge-sets-october-trial-to-settle-musk-cancellation-of-44bln-twitter-purchase\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/sierra-leone\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"US Judge Sets October Trial to Settle Musk Cancellation of $44Bln Twitter Purchase\",\"datePublished\":\"2022-07-21T10:00:53+00:00\",\"dateModified\":\"2022-07-21T10:25:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/us-judge-sets-october-trial-to-settle-musk-cancellation-of-44bln-twitter-purchase\"},\"wordCount\":342,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/us-judge-sets-october-trial-to-settle-musk-cancellation-of-44bln-twitter-purchase#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/sierra-leone\/sites\/16\/2022\/07\/postQueueImg_3-62d9297d54b26.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Sierra-Leone\",\"Sierra-Leone\"],\"articleSection\":[\"all news\",\"homepage-english\",\"miscellaneous\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/us-judge-sets-october-trial-to-settle-musk-cancellation-of-44bln-twitter-purchase#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/us-judge-sets-october-trial-to-settle-musk-cancellation-of-44bln-twitter-purchase\",\"url\":\"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/us-judge-sets-october-trial-to-settle-musk-cancellation-of-44bln-twitter-purchase\",\"name\":\"US Judge Sets October Trial to Settle Musk Cancellation of $44Bln Twitter Purchase - 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