Twitter v. Elon Musk Court Filing by Potter Anderson & Corroon LLP, July 12, 2022 is part of
Case Number: C.A. No. 2022-0613-KSJM
Plaintiff: TWITTER, INC.,
Defendants: ELON R. MUSK, X HOLDINGS I, INC.,and X HOLDINGS II, INC.,
Filing Date: July 12, 2022
Location: THE COURT OF CHANCERY OF THE STATE OF DELAWARE
TABLE OF LINKS
VERIFIED COMPLAINT & NATURE OF THE ACTION
FACTUAL ALLEGATIONS
I - Musk sets his sights on Twitter
II. Musk offers to buy Twitter
III. The final, agreed-upon deal terms
E. Public Statements and Non-Disparagement
F. Termination
A. Defendants abandon financing-related efforts and breach section 6.10d
B. Musk delays and stymies key operational decisions
VIII. Defendants purport to terminate the merger agreement
A. Twitter has not breached its information-sharing or cooperation covenants
B. Twitter’s representations in its SEC filings supply no basis for termination
C. Twitter did not breach the ordinary course covenant
IX. After purporting to terminate, Musk keeps violating and confirms his earlier violations
X. Twitter faces irreparable harm absent relief
CAUSE OF ACTION (Breach of Contract — Specific Performance & Injunction)
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This court case ( No. 2022-0613- Transaction ID 67812653 retrieved on Nov 21 2022, from WLRK) is part of the public domain. The court-created documents are works of the federal government, and under copyright law, are automatically placed in the public domain and may be shared without legal restriction.