Elon Musk suffered a defeat in the first legal square-off between the world’s richest man and Twitter.
Kathaleen McCormick, the chancellor of the Court of Chancery in Delaware who presided over the hearing, ordered that a 5-day trial take place in October 2022. The date is about a month later than the September 2022 expedited trial date Twitter requested and four months earlier than the February 2023 trial date Musk requested.
The court’s Tuesday ruling is the first in the billionaire’s high-profile legal battle with Twitter.
The social media platform is suing Musk to force him to complete a $44 billion acquisition deal at the previously agreed price of $54.20 a share….