This judge in a tiny state is already getting death threats.

As litigation continues over the next couple of months, it will probably only get worse.

Kathaleen McCormick

Delaware

Twitter lawsuit

Groundbreaking judge will oversee Twitter’s $44B lawsuit against Elon Musk

The first female chief judge on Delaware’s nationally known business court will oversee Twitter’s lawsuit that seeks to hold Elon Musk to his agreement to buy the social media platform for $44 billion, according to court records.

Kathaleen McCormick took over the role of chancellor, or chief judge, last year after the retirement of Andre Bouchard on the Court of Chancery, a favored venue for large corporate disputes.

Among McCormick’s first decisions will be a request by Twitter to hold a four-day trial in September, an incredibly tight time frame for such a complicated case.

McCormick’s final ruling on the merger can be appealed to the Delaware Supreme Court.

Twitter accused Musk of a long list of violations of the merger agreement in the lawsuit it filed on Tuesday. It said the world’s richest man wanted to back out in part because of a downturn in the stock of Tesla, the electric vehicle maker where he is chief executive.

“Having mounted a public spectacle to put Twitter in play, and having proposed and then signed a seller-friendly merger agreement, Musk apparently believes that he — unlike every other party subject to Delaware contract law — is free to change his mind, trash the company, disrupt its operations, destroy stockholder value, and walk away,” Twitter wrote in a 241-page complaint filed in the Delaware Court of Chancery. – Source


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