Delaware Chancery Court

Billionaire Elon Musk is expected to propose going ahead with his takeover of Twitter at $54.20 per share, a Bloomberg news reporter tweeted on Tuesday.

Twitter wants a Delaware court to order Elon Musk to buy the social media service for $44 billion (nearly Rs. 3,60,000 crore), as he promised back in April. The Tesla billionaire's reputation for dismissing government pronouncements has some worried that he might flout an unfavourable ruling of the Delaware Court of Chancery, known for its handling...

Elon Musk has accused Twitter of fraud by concealing serious flaws in the social media company's data security. Following the allegations made by a Twitter whistleblower, Musk amended his previously filed lawsuit against the firm. The Twitter whistleblower accused Twitter of knowingly allowing the Indian and Chinese governments to place its "agents...

Elon Musk has subpoenaed Twitter co-founder and former head Jack Dorsey to seek relevant information about the effect of spam accounts on the social media firm’s business. The billionaire has also sought to get Twitter’s lawsuit against him dismissed at Delaware's Chancery Court.

Elon Musk has an escape hatch in the form of the banks that agreed to finance his $44 billion (roughly Rs. 3,37,465 crore) Twitter takeover deal, but experts say that these financial institutions could face long legal odds. The Tesla CEO was sued by Twitter, which has asked the Delaware Court of Chancery to force him to complete the transaction. He...

Musk's lawyers, in papers filed with the Delaware Chancery Court, said Twitter's "unjustifiable request" to rush the merger case to trial in two months should be rejected.

Twitter on Wednesday said it wanted a commitment that the trial over the Elon Musk’s bid to walk away from his $44 billion (roughly Rs. 3,37,465 crore) takeover deal would be completed in five days, while stating that it does not object to a Musk's proposed October 17 date for the trial to begin. In a court filing, the microblogging service state...

Elon Musk has written to the chief judge on Delaware's Court of Chancery, asking for the Twitter takeover trial to begin on October 17, instead of a week earlier as requested by Twitter. The letter to the judge also asked that Twitter be ordered to immediately produce what it called "core documents," along with all raw data by August 1, and to requ...

Twitter on Tuesday won a bid to expedite its trial against Elon Musk, seeking to hold the Tesla CEO to his $44 billion (roughly Rs. 3,51,800 crore) takeover of the microblogging service. The Court of Chancery in Delaware said that the social media company deserved a quick resolution of the deal's uncertainty. Musk had pushed for a trial in February...

Twitter will face its first test in the legal battle with Tesla CEO Elon Musk, over his $44 billion (roughly Rs. 3,51,500 crore) takeover of the microblogging service, as the Delaware Court of Chancery will weigh the company's request for a fast-tracked trial. The company says it wants to resolve months of uncertainty for its business as Musk tries...

Twitter's lawsuit against Elon Musk will be heard first by a judge on Tuesday, July 19, after Twitter's request to expedite the September trial. Kathaleen McCormick, the chancellor of Delaware's Court of Chancery, set a 90-minute hearing beginning at 11am ET (8.30pm IST) in Wilmington.

Twitter’s lawsuit filed in the small but powerful Delaware court to force Elon Musk to complete the $44 billion (roughly Rs. 3.5 lakh crore) takeover deal could take place over four days starting on September 19. Either Musk or Twitter would be entitled to a $1 billion (roughly Rs. 8,000 crore) breakup fee if the other party is found responsible ...

Tesla CEO Elon Musk took to Twitter to react to Twitter filing a lawsuit against him on Tuesday, tweeting "Oh the irony lol", shortly after news surfaced that the microblogging site was suing the Tesla CEO. Twitter on Tuesday asked the Delaware's Court of Chancery to compel Musk to fulfil his obligations regarding the $44 billion (roughly Rs. 3,37,...

A Tesla investor has filed a lawsuit over CEO Elon Musk’s Twitter poll on stock sale that pulled down Tesla’s share price by about a quarter.

Icahn sued Dell Technologies, claiming it has refused to provide basic information about its proposed plan to return to public.

Billionaire Elon Musk is expected to propose going ahead with his takeover of Twitter at $54.20 per share, a Bloomberg news reporter tweeted on Tuesday.

Twitter wants a Delaware court to order Elon Musk to buy the social media service for $44 billion (nearly Rs. 3,60,000 crore), as he promised back in April. The Tesla billionaire's reputation for dismissing government pronouncements has some worried that he might flout an unfavourable ruling of the Delaware Court of Chancery, known for its handling...

Elon Musk has accused Twitter of fraud by concealing serious flaws in the social media company's data security. Following the allegations made by a Twitter whistleblower, Musk amended his previously filed lawsuit against the firm. The Twitter whistleblower accused Twitter of knowingly allowing the Indian and Chinese governments to place its "agents...

Elon Musk has subpoenaed Twitter co-founder and former head Jack Dorsey to seek relevant information about the effect of spam accounts on the social media firm’s business. The billionaire has also sought to get Twitter’s lawsuit against him dismissed at Delaware's Chancery Court.

Elon Musk has an escape hatch in the form of the banks that agreed to finance his $44 billion (roughly Rs. 3,37,465 crore) Twitter takeover deal, but experts say that these financial institutions could face long legal odds. The Tesla CEO was sued by Twitter, which has asked the Delaware Court of Chancery to force him to complete the transaction. He...

Musk's lawyers, in papers filed with the Delaware Chancery Court, said Twitter's "unjustifiable request" to rush the merger case to trial in two months should be rejected.

Twitter on Wednesday said it wanted a commitment that the trial over the Elon Musk’s bid to walk away from his $44 billion (roughly Rs. 3,37,465 crore) takeover deal would be completed in five days, while stating that it does not object to a Musk's proposed October 17 date for the trial to begin. In a court filing, the microblogging service state...

Elon Musk has written to the chief judge on Delaware's Court of Chancery, asking for the Twitter takeover trial to begin on October 17, instead of a week earlier as requested by Twitter. The letter to the judge also asked that Twitter be ordered to immediately produce what it called "core documents," along with all raw data by August 1, and to requ...

Twitter on Tuesday won a bid to expedite its trial against Elon Musk, seeking to hold the Tesla CEO to his $44 billion (roughly Rs. 3,51,800 crore) takeover of the microblogging service. The Court of Chancery in Delaware said that the social media company deserved a quick resolution of the deal's uncertainty. Musk had pushed for a trial in February...

Twitter will face its first test in the legal battle with Tesla CEO Elon Musk, over his $44 billion (roughly Rs. 3,51,500 crore) takeover of the microblogging service, as the Delaware Court of Chancery will weigh the company's request for a fast-tracked trial. The company says it wants to resolve months of uncertainty for its business as Musk tries...

Twitter's lawsuit against Elon Musk will be heard first by a judge on Tuesday, July 19, after Twitter's request to expedite the September trial. Kathaleen McCormick, the chancellor of Delaware's Court of Chancery, set a 90-minute hearing beginning at 11am ET (8.30pm IST) in Wilmington.

Twitter’s lawsuit filed in the small but powerful Delaware court to force Elon Musk to complete the $44 billion (roughly Rs. 3.5 lakh crore) takeover deal could take place over four days starting on September 19. Either Musk or Twitter would be entitled to a $1 billion (roughly Rs. 8,000 crore) breakup fee if the other party is found responsible ...

Tesla CEO Elon Musk took to Twitter to react to Twitter filing a lawsuit against him on Tuesday, tweeting "Oh the irony lol", shortly after news surfaced that the microblogging site was suing the Tesla CEO. Twitter on Tuesday asked the Delaware's Court of Chancery to compel Musk to fulfil his obligations regarding the $44 billion (roughly Rs. 3,37,...

A Tesla investor has filed a lawsuit over CEO Elon Musk’s Twitter poll on stock sale that pulled down Tesla’s share price by about a quarter.

Icahn sued Dell Technologies, claiming it has refused to provide basic information about its proposed plan to return to public.