A Delaware judge ruled Tuesday that social media behemoth Twitter Inc. and the world’s richest man, Elon Musk, will face off in a five-day trial beginning in October. Attorneys for Twitter asked Chancellor Kathaleen St. Jude McCormick to grant an expedited trial in the company’s lawsuit against Musk. Twitter sued Musk in the Delaware Court of Chancery after he announced …
Business group usually critical of Chancery Court praises last move
A business group that is usually harshly critical of Delaware’s Chancery Court praised it this week for striking down a motion against the company at the heart of its organization. Citizens for a Pro-Business Delaware applauded Chancery for refusing a motion to hold TransPerfect Global in contempt of court. A press release from the business group called the motion “frivolous.” …