Elon Musk to respond to Twitter lawsuit over billionaire’s attempt to withdraw $44 billion
It is expected to be made public no later than Friday night, according to the judge’s order.
That’s a few days later than Musk’s team wanted. The attorneys wanted to file a public version of their answer and counterclaims in a Delaware court on Wednesday.
Twitter’s lawyers complained that they needed more time to review and possibly redact Musk’s sealed filing, saying it relied “heavily” on internal Twitter information and data provided to Musk.
Chancellor Kathaleen St. Jude McCormick said in a teleconference Wednesday that the public filing must be recorded by 5 p.m. Friday, but it could be filed earlier.
Twitter’s lawyers said court rules require five business days to pass before a public version of Musk’s statement is recorded.
“Few cases receive as much public attention as this one, and Twitter respects this court’s commitment to ensuring as much public access to the proceedings as possible,” Twitter attorney Kevin Shannon wrote. “Twitter has no interest in offering more corrections to defendants’ counterclaims than necessary.
Musk’s lawyer, Edward Micheletti, said Twitter’s lawyers misinterpreted court rules. Musk’s lawyers also say that Musk’s documents do not contain any confidential information that should be withheld from the public.
“Twitter should not be allowed to keep burying a side of the story it doesn’t want to reveal publicly,” Micheletti wrote.
Musk agreed to buy Twitter. in April, and then indicated that he wanted out of the deal in July.
Twitter filed a lawsuit to enforce the “seller-friendly” settlement.
Twitter promotions are closed Wednesday at $41, not 52 weeks at $69.81.
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Musk says Twitter has failed to provide him with enough information about the number of fake accounts on its service.
Twitter says Musk is deliberately trying to pull the deal because market conditions have deteriorated and the acquisition is no longer in his best interest.
The Associated Press contributed to this report.