Twitter is suing the law firm that used to represent Twitter. - The Verge
Twitter is suing the law firm that used to represent Twitter. - The Verge
The firm, which represented Twitter as Musk tried to back out of his deal to buy Twitter, received a $90 million fee for getting the deal over the finish line, according to The New York Times. Elon Musk’s Twitter alleges the payment is “unjust enrichment” and wants the fee to be returned. The NYT up...
The firm, which represented Twitter as Musk tried to back out of his deal to buy Twitter, received a $90 million fee for getting the deal over the finish line, according to The New York Times. Elon Musk’s Twitter alleges the payment is “unjust enrichment” and wants the fee to be returned.
Manchild throwing shit at the wall randomly in the hopes one will stick.
A multi-billionaire accusing others of unjust enrichment. Cynicism is getting out of hand
a multi-billionaaire whose whole career was funded by his father's apartheid/slave-labour emerald mine, no less.
Forget the pot, this is a lump of charcoal calling the kettle black.
What a garbage excuse for a human. And this dude wants to colonize Mars?
He also wants to put a chip inside people's heads and has received approval from the FDA to conduct tests on humans.
Slaverize Mars?
He wants to rebuild his dad's business in space.
Is he scraping the barrel or just short of loose change?
It’ll probably only cost him $1mm to maybe recoup $90mm. He probably thinks the payoff chance is worth the pocket change. The judge really out to hit him with a frivolous lawsuit penalty.
The interest payments on the loans he took out are $1.5 Billion. That's not accounting for any other costs that Twitter was already on the hook for.
Coincidentally, Musk stopped paying all of the costs that Twitter was on the hook for. Rent, data centers, janitorial service, everything.
And he's still not going to have enough money from twitter's operations to make even the basic servicing payment on the loan.
I’d hope he’s doing this because he’s running out of money… but that’s not how capitalism works unfortunately.
Although it may very well be caused by Twitter running out of money, which would be corroborated by Twitter's lack of payment to various other parties. Giving Musk three options: Use more of his own money, admit defeat and massively scale back Twitter's functionality and availability, or try to scam money out of other people.
Clearly he's not willing to spend his own money, or admit failure.
Is this about revenge? This law firm helped the original Twitter management to force Musk to honor his promise to buy Twitter.
@reclipse The mark of every great company, to sue the type of advisers that have all the information about all the bad things you did for the past 10 years.