Elon Musk opposes rapid judgment of litigation with Twitter

Elon Musk opposes speedy judgment of litigation with Twitter

UPDATE DAY

Elon Musk filed a lawsuit on Friday to stop the lawsuit with Twitter from taking place until next year, after the social network asked for an expedited proceeding. 

In a court document cited by US media, the Tesla boss's lawyers accuse Twitter's board of directors (BOD) of wanting to rush the case.

The BO launched legal proceedings on Tuesday against Elon Musk, to force him to buy the platform according to the terms agreed with him at the end of April, which valued the Californian group at 44 billion dollars.

The leaders would like the trial to open in September, so as not to prolong the period of uncertainty which is partly paralyzing the company.

The multi-billionaire has asked him not to start before the 13 February, given the complexity of the elements to be examined.

Requested by AFP, Elon Musk's lawyer did not respond immediately.

He had contractually agreed at the end of April to acquire Twitter, before unilaterally announcing last week that he was terminating the agreement, because the Board would not have provided reliable information on the number of fake accounts active on the network.

His lawyers assure that the trial will require analyzing “mountains of data” to prove, as Elon Musk claims, that the platform is full of inauthentic accounts, automated accounts and spam, well beyond the proportion of 5% indicated by the company.

In its complaint, Twitter accused the whimsical boss of “hypocrisy” and “bad faith”.

“He claimed to +suspend+ the agreement pending the fulfillment of imaginary conditions, failed in his obligation to find financing (…) breached his duty of discretion (and) used confidential information to bad purposes,” the company’s attorneys listed. “Twitter has suffered and will continue to suffer irreparable damage as a result of these violations.”

A preliminary hearing is scheduled to take place Tuesday in a specialized business law court in Delaware (eastern United States). ).